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

Banganga Paper Industries' members have approved the sale of its entire investment in a material subsidiary to promoters for 11.22 Cr. This subsidiary contributed 100% of the company's turnover and net worth last financial year, amounting to 58.10 Cr. This significant transaction, a related party deal conducted at arm's length, represents a major strategic shift, effectively divesting the company's core operating asset and business. This sale fundamentally alters the company's operational profile and future revenue generation for shareholders.