Banganga Paper Industries Ltd (ASGARD) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Banganga Paper Industries Ltd on NSE and BSE, with an AI summary of each filing.
Investor Presentation
Investor Presentation · 22 Oct 2026, 11:49 pm
Asgard Alcobev Investor Presentation: Capacity Expansion and Financial Overview Asgard Alcobev transitioned from paper into brewing by acquiring a 78.90% stake in CMJ Breweries. Operating an 8.4m-case automated facility in Meghalaya, it contract-manufactures for major brands like United Breweries and Carlsberg while marketing seven proprietary labels. Capacity expands to 10.8m cases by Mar'27, targeting an end-state 48m cases across four plants. For FY26, revenue surged 75% to ₹101.51 Cr, EBITDA stood at ₹7 Cr, and PAT reached ₹1.49 Cr. In Q1 FY27, revenue hit ₹53.04 Cr with ₹2.54 Cr PAT (4.79% margin).
Clarification on announcement submitted on 9th October,2026
Press Release · 10 Oct 2026, 10:50 pm
Asgard Alcobev Clarifies Delayed Voluntary Filing on Subsidiary Credit Rating Asgard Alcobev clarified to BSE regarding its 9th Oct'26 announcement concerning a press release by subsidiary CMJ Breweries on credit ratings for long-term bank facilities. The company noted the disclosure was voluntary under its Materiality Policy rather than mandatory under Regulation 30. It attributed the initial filing delay beyond 24 hours to an unintentional technical glitch resolved at 8:27 PM on 9th Oct'26, committing to adhering strictly to disclosure timelines going forward.
Press Release
Press Release · 10 Oct 2026, 1:50 am
CARE Reaffirms CMJ Breweries' Long-Term Rating at 'CARE B-; Stable' CARE Ratings reaffirmed CMJ Breweries' long-term bank facilities rating at 'CARE B-; Stable', reducing rated quantum to ₹56.50 crore from ₹98.80 crore. Following Asgard Alcobev's ~78% stake acquisition, CMJ operates as its subsidiary. Revenue declined ~14% YoY to ₹216.59 crore in FY26 due to divestment of loss-making distillery operations, though standalone brewery sales grew ~10%. PBILDT margins improved to 6.27% from 3.47%, aided by capacity utilization rising to 60.47% in FY26 and 73.07% in 5MFY27. Liquidity remains stretched amid elevated FY27 debt repayments.
Scrutinizer Report with Voting Results of 42nd Annual General Meeting held on 30th September, 2026.
Annual General Meeting · 02 Oct 2026, 12:31 am
Proceedings of 42nd Annual General Meeting held on Wednesday, 30th September 2026
Annual General Meeting · 30 Sept 2026, 11:13 pm
Intimation for shifting of registered office of the Company from the state of Maharashtra to the state of Meghalaya
Others (Uncategorized) · 10 Sept 2026, 12:19 am
Asgard Alcobev Relocates Registered Office from Maharashtra to Meghalaya Asgard Alcobev Limited has shifted its registered office from Nashik, Maharashtra (under ROC Mumbai II) to Shillong, Meghalaya (under ROC Guwahati). The inter-state relocation received confirmation via a Regional Director order dated 27th May'26, followed by the issuance of a fresh Certificate of Incorporation on 7th Sep'26 by the Registrar of Companies, Guwahati. The company's new registered address is CMJ House, Ferndale Complex, Block III, Keating Road, Shillong, Meghalaya 793001, operating under CIN L11010ML1984PLC014325.
42nd Annual Report for the FY 2025-26
Others (Uncategorized) · 08 Sept 2026, 2:41 am
Notice of 42nd Annual General Meeting of the Company scheduled to be held on 30th September,2026
Annual General Meeting · 08 Sept 2026, 2:36 am
The Board has recommended the Appointment of M/s. A D V & Associates as Statutory Auditor of the Company from the conclusion of ensuing 42nd Annual General Meeting up to conclusion of 47th ....
Change in Auditor · 04 Sept 2026, 1:26 am
Appointment of Secretarial Auditor for FY 2025-26
Change in Management · 23 Aug 2026, 2:36 am
Asgard Alcobev Appoints New Secretarial Auditor for FY26 Asgard Alcobev Limited (BSE: 512025) appointed Mrs. Kalpana Srinivasan as Secretarial Auditor for FY 2025-26, effective 22nd Aug'26. The appointment, approved by the board on the audit committee's recommendation, fills a casual vacancy created by the resignation of Mrs. Ritika Agarwal. The appointment extends up to the company's next Annual General Meeting. Mrs. Srinivasan is a Practising Company Secretary with experience in corporate laws, including the Companies Act, FEMA, and SEBI regulations.
Resignation of Secretarial Auditor
Change in Management · 21 Aug 2026, 7:44 pm
Asgard Alcobev Announces Resignation of Secretarial Auditor Asgard Alcobev (BSE: 512025) announced that Mrs. Ritika Agarwal, Practicing Company Secretary, has resigned from her position as the company's Secretarial Auditor. The resignation is effective from 21st Aug'26. According to the company's disclosure, the reason for the change is simply stated as "Resignation". The resignation letter from Ritika A & Associates specifies the resignation is for the financial year 2025-2026 and does not cite any specific issues. This is a key governance event for investor attention.
Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June 2026.
Financial Result · 15 Aug 2026, 12:45 am
Asgard Alcobev Q1FY27: Strong Revenue Growth and Turnaround to Profit Asgard Alcobev reported robust consolidated results for Q1FY27 ended 30 Jun'26. Revenue from operations surged 150.6% YoY to ₹5,303.83 lakhs. The company posted a profit after tax of ₹254.05 lakhs, a significant turnaround from a loss in the prior quarter and a ₹65.18 lakh profit YoY. This reverses the Q4FY26 loss of ₹178.43 lakhs from the sale of subsidiary Banganga Paper Mills Ltd. Standalone PAT was ₹12.12 lakhs versus a ₹2.63 lakh loss YoY. The Board did not recommend a dividend.
Outcome of the board meeting held today i.e. 14th August 2026 for approval of unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June 2026.
Outcome · 15 Aug 2026, 12:25 am
Banganga Paper Industries Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakhs) ■ Revenue: 5,304 (+150.6% YoY | +45.2% QoQ) ■ EBITDA: 515 (+230.2% YoY | +54.8% QoQ) ■ EBITDA Margin (%): 9.7 (+234 bps YoY | +60 bps QoQ) ■ PAT: 200 (+207.6% YoY | +2230.8% QoQ) ■ EPS (INR): 0.08 (+40.7% YoY | +181.5% QoQ)
Asgard Alcobev Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve the unaudited Standalone and ....
Intimation · 14 Aug 2026, 5:30 am
Asgard Alcobev Board Meeting Scheduled to Approve Q1FY27 Results Asgard Alcobev (BSE: 512025) has scheduled a Board of Directors meeting on 14th Aug'26 to consider and approve its unaudited standalone and consolidated financial results for the quarter ended 30th Jun'26. In accordance with SEBI regulations, the trading window for dealing in the company's securities will remain closed until 48 hours after the declaration of these financial results. The company was formerly known as Banganga Paper Industries Limited.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ronak Jain & PACs
Acquisition/ Disposal of Shares · 03 Jul 2026, 10:30 pm
Asgard Alcobev Promoter Pledges 50 Lakh Shares Promoter Ronak Jain has pledged 50,00,000 equity shares of Asgard Alcobev Limited (Scrip: 512025) in favour of International Financial Services Ltd on 01 Jul'26. This pledge represents 1.60% of the total voting capital and 1.50% of the total diluted share capital. Following this transaction, the total encumbered shares held by Ronak Jain increased from 2,00,00,000 to 2,50,00,000, which now constitutes 8.02% of the total voting capital (7.50% of diluted capital). The promoter group's total shareholding remains unchanged at 59.95%.
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 03, 2026 for Ronak Jain
Encumbered Shares - Invocation / Release · 03 Jul 2026, 10:05 pm
Asgard Alcobev Promoter Ronak Jain Pledges 1.60% Stake Promoter Ronak Jain pledged 50,00,000 equity shares of Asgard Alcobev (1.60% of total capital) on 01 Jul'26. The pledge was made in favor of International Financial Services Ltd as collateral for a loan taken by Ronak Jain for the purpose of MIDC repayment. Post-transaction, the total number of encumbered shares held by Ronak Jain increased to 2,50,00,000, representing 8.02% of the company's total share capital. Prior to this event, 6.42% of his holding was already encumbered.
Approval for Shifting of Registered officer from the State of Maharashtra to the State of Meghalaya
Others (Uncategorized) · 27 Jun 2026, 10:37 pm
Asgard Alcobev Shifts Registered Office from Maharashtra to Meghalaya Asgard Alcobev Limited (BSE: 512025) has approved shifting its registered office from Nashik, Maharashtra, to Shillong, Meghalaya. The Board of Directors finalized this move on 27th Jun'26, following shareholder approval via a Special Resolution on 14th Jan'26 and a Regional Director order dated 27th May'26. The new registered address is CMJ House, Ferndale Complex, Block III, Keating Road, Shillong - 793001. The company's Memorandum of Association has been amended accordingly to reflect this change.
Appointment of Mr. Sarimul Haque Talukdar as Company Secretary and Compliance officer of the Company
Change in Management · 27 Jun 2026, 10:03 pm
Asgard Alcobev Appoints New Company Secretary and Compliance Officer Asgard Alcobev Limited (BSE: 512025) appointed Mr. Sarimul Haque Talukdar as Company Secretary and Compliance Officer, effective 27th Jun'26. The appointment was approved by the Board based on the Nomination and Remuneration Committee's recommendation. Mr. Talukdar is a member of the Institute of Company Secretaries of India (ICSI) and fulfills the requisite qualifications for the Key Managerial Personnel role. The company confirmed he holds no directorships in other listed entities.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ronak Jain & PACs
Acquisition/ Disposal of Shares · 19 Jun 2026, 4:16 pm
Asgard Alcobev Promoter Pledges 2 Crore Shares with Kotak Mahindra Bank Promoter Ronak Jain has created an encumbrance on 2,00,00,000 equity shares, representing 6.42% of Asgard Alcobev's total capital, in favour of Kotak Mahindra Bank. This disclosure, dated 18-Jun'26, corrects a previous filing from 5-Jun'26 which incorrectly categorized the transaction as a "Sale" instead of an "Encumbrance". Post-pledge, promoter Ronak Jain's individual shareholding stands at 31.77%, while the total promoter group holding remains unchanged at 59.95%. The equity share capital remains at Rs. 31.15 crore.
Resignation of Gauri Satish Chiplunkar from the position of the Director.
Change in Management · 17 Jun 2026, 11:53 pm
Asgard Alcobev Director Gauri Satish Chiplunkar Resigns Ms. Gauri Satish Chiplunkar has resigned from her position as Director of Asgard Alcobev Limited, effective 17th Jun'26. The company filing cited personal reasons for the voluntary resignation. It was confirmed that there are no other material reasons or circumstances connected to her departure that require disclosure to the board or shareholders.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ronak Jain & PACs
Acquisition/ Disposal of Shares · 06 Jun 2026, 5:02 pm
Asgard Alcobev Promoter Pledges 2 Crore Shares to Kotak Mahindra Bank Promoter Ronak Jain has created a pledge on 2,00,00,000 equity shares (6.42% of total capital) of Asgard Alcobev Limited. The shares were pledged in favour of Kotak Mahindra Bank Limited. Following this transaction, the promoter and PACs' total shareholding in the company decreased from 59.95% to 53.53%. The disclosure, made under SEBI SAST Regulations, was dated 05-Jun'26. This action follows an on-market sale by the promoter on 03-Jun'26, which reduced his direct holding from 38.19% to 31.77%.
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 05, 2026 for Ronak Jain
Encumbered Shares - Invocation / Release · 06 Jun 2026, 3:15 pm
Asgard Alcobev Promoter Pledges 6.42% Stake with Kotak Mahindra Bank Promoter Ronak Jain has pledged 20 million equity shares, representing 6.42% of Asgard Alcobev's total share capital, with Kotak Mahindra Bank on 3rd Jun'26. The pledge was created to provide collateral security against a loan taken by CMJ Breweries Private Limited, a subsidiary of the target company. Prior to this transaction, Ronak Jain held 38.19% of the company, with no shares pledged. Post-pledge, his encumbered holding stands at 6.42% of the total share capital, as reported on 5th Jun'26.
Appointment of Secretarial Auditor of the Company
Change in Management · 31 May 2026, 1:09 am
Asgard Alcobev Board Approves FY26 Results and Key Auditor Appointments Asgard Alcobev’s board approved audited results for the quarter and year ended 31 Mar’26. On a standalone basis, FY26 net profit was INR 56.34 lakhs versus a loss of INR 15.58 lakhs YoY, boosted by exceptional income of INR 101.88 lakhs from a subsidiary sale. Consolidated FY26 PAT stood at INR 148.95 lakhs, down from INR 188.28 lakhs YoY. The board also appointed M/s. N C Karnany & Co as Internal Auditor for FY27 and Mrs. Kalpana Srinivasan as Secretarial Auditor for FY27-31.
Appointment of Internal Auditor for the Financial year 2026-27
Change in Management · 31 May 2026, 1:04 am
Asgard Alcobev Swings to Profit in FY26 Aided by Exceptional Gain Asgard Alcobev reported a standalone net profit of INR 56.34 lakhs for FY26, a significant turnaround from a loss of INR 15.58 lakhs in FY25. For Q4 FY26, net profit was INR 71.45 lakhs, compared to a loss of INR 3.07 lakhs YoY. The annual result was primarily driven by an exceptional gain of INR 101.88 lakhs from the sale of a subsidiary. On a consolidated basis, FY26 net profit stood at INR 148.95 lakhs versus INR 188.28 lakhs YoY, impacted by an exceptional loss.
Financial results for the Fourth Quarter and Financial year ended 31st March 2026
Financial Result · 31 May 2026, 12:53 am
Asgard Alcobev Reports Q4 & FY26 Results, Boosted by Subsidiary Sale Asgard Alcobev posted a standalone net profit of INR 71.45 lakhs for Q4FY26, compared to a loss of INR 3.07 lakhs YoY. The result includes an exceptional gain of INR 101.88 lakhs from the sale of subsidiary Banganga Paper Mills. For FY26, standalone net profit was INR 56.34 lakhs versus a loss of INR 15.58 lakhs in FY25. On a consolidated basis, Q4FY26 net profit stood at INR 59.78 lakhs, while full-year FY26 profit was INR 148.95 lakhs, down from INR 188.28 lakhs YoY.