Banganga Paper Industries Ltd — Important, 15-01-2026: Company Update

Banganga Paper Industries Limited's shareholders have approved a significant rebranding, changing the company's name to ASGARD ALCOBEV LIMITED. This move, pending necessary governmental and regulatory approvals, represents an amendment to the company's Memorandum of Association. The new name strongly suggests a strategic shift from its current paper industries focus towards the alcoholic beverages sector. This substantial identity change could signal a new business direction and operational strategy, significantly impacting the company's future prospects and market positioning for shareholders.