Banganga paper industries Limited has successfully obtained approval from the Ministry of Corporate Affairs (MCA) to change its corporate name to ASGARD ALCOBEV LIMITED, marking a significant milestone in the company's corporate evolution. The approval was granted on February 09, 2026, by the Central Processing Center (CPC) of the MCA.

Official Name Change Details

The company has formally communicated this development to BSE Limited under Regulation 30 and 45 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Jitendra Rajendra Patil, Company Secretary and Compliance Officer, on February 09, 2026.

MCA Certificate and Compliance

The Certificate of Incorporation pursuant to change of name was issued by Brijesh Kain, Assistant Registrar of Companies at the Central Processing Centre. The certificate confirms that the company name has been officially changed with effect from February 09, 2026, and that the company remains a company limited by shares.

Corporate History and Transformation

The company's corporate journey reflects multiple transformations over the years. Originally incorporated as TARUN KUMAR TRADE AND EXPORT LIMITED, it later became Banganga Paper Industries Limited, and now transitions to ASGARD ALCOBEV LIMITED. This name change suggests a strategic shift in business focus, particularly given the "ALCOBEV" designation in the new name.

Next Steps and Stock Exchange Procedures

The company has indicated that it will shortly apply to the stock exchange for corresponding changes in the company name and trading symbol. As per regulatory requirements, the company must display both the old and new names at all required locations for a period of two years following the name change.

Regulatory Compliance

The name change process has been completed in full compliance with the Companies Act and SEBI regulations. The company's registered office remains at Sr. No. 186, Gavalwadi Road, Ashewadi, Ramshej, Nashik, Maharashtra 422003. All existing rights and liabilities of stakeholders remain unaffected by this corporate name change, as confirmed in the MCA certificate.

Banganga paper industries Limited has formally notified BSE Limited about its upcoming board meeting scheduled to review quarterly financial performance. The company, formerly known as Inertia Steel Limited, continues its regulatory compliance with timely disclosure of corporate developments.

Board Meeting Details

The board of directors will convene on February 12, 2026, at the company's registered office located in Nashik, Maharashtra. The meeting has been scheduled for 04:00 P.M. (IST) to ensure adequate time for comprehensive review of financial matters.

Financial Results Review

The primary agenda focuses on consideration and approval of unaudited financial results for the third quarter ended December 31, 2025. This quarterly review represents a critical milestone in the company's financial reporting cycle, providing stakeholders with insights into operational performance during the period.

The board will also address other incidental and ancillary matters as deemed necessary during the proceedings. This comprehensive approach ensures all relevant business matters receive appropriate attention and decision-making.

Trading Window Restrictions

In compliance with regulatory requirements, Banganga Paper Industries has implemented trading window restrictions affecting designated company personnel. The trading window closure became effective from January 01, 2026, and will remain in place until 48 hours after the financial results declaration.

This measure aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and subsequent amendments, ensuring fair market practices and preventing potential insider trading violations. The restriction demonstrates the company's commitment to maintaining transparency and regulatory compliance in its operations.