Asgard Alcobev Limited has received a regulatory disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following a preferential allotment completed on February 17, 2026. The disclosure was submitted by Jimson Kharkongor to BSE Limited on February 19, 2026.

Acquisition Details

Jimson Kharkongor has acquired a significant stake in the company through preferential allotment. The acquirer had no prior holding in the company before this transaction and belongs to the non-promoter (public) category.

Share Capital Impact

The preferential allotment has significantly expanded Asgard Alcobev's share capital structure. The company's equity base has increased substantially following the allotment processed on February 17, 2026.

Shareholding Structure

Following the acquisition, Jimson Kharkongor holds 2,06,89,655 equity shares, representing 6.68% of the total voting capital and 6.23% of the total diluted share capital. The acquirer had no prior shareholding in the company before this preferential allotment.

Regulatory Compliance

The disclosure filing ensures compliance with SEBI's transparency requirements for substantial acquisitions. The acquirer belongs to the public (non-promoter) category and the acquisition was executed through preferential allotment mechanism on February 17, 2026.

This acquisition demonstrates continued investor interest in Asgard Alcobev Limited's growth prospects. The company has been actively expanding its presence in the alcoholic beverages segment, including its recent acquisition of a majority stake in CMJ Breweries Private Limited.

Asgard Alcobev Limited has announced the resignation of one of its directors in compliance with regulatory disclosure requirements. The company, formerly known as Banganga Paper Industries Limited, informed the BSE about this key board change on February 12, 2026.

Director Resignation Details

Mr. Ramesh Kacharu Rakh (DIN: 10330676) has resigned from his position as Director of Asgard Alcobev Limited, with the resignation taking effect from the close of working hours on February 12, 2026. The resignation was submitted voluntarily and attributed to personal reasons.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that there are no other material reasons or circumstances connected with the resignation that require disclosure to stakeholders.

Formal Documentation

The resignation letter was formally submitted to the Board of Directors, expressing gratitude for the opportunity to serve and confirming a smooth transition of responsibilities. Mr. Rakh confirmed in his resignation letter that he has no outstanding claims or dues against the company and committed to cooperating in the transition process as required.

Company Information

Asgard Alcobev Limited, with CIN L51900MH1984PLC033082, maintains its registered office at Sr. No. 186, Gavalwadi Road, Ashewadi, Ramshej, Nashik, Maharashtra. The regulatory filing was signed by Company Secretary Jitendra Rajendra Patil (Membership No. 39055), ensuring proper compliance with listing obligations and maintaining transparency with stakeholders and the stock exchange.