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

Banganga Paper Industries' shareholders have approved a significant increase in the company's Authorised Share Capital, raising it from Rs. 12 Cr to Rs. 36 Cr. This expansion by Rs. 24 Cr in equity shares of Re. 1 each provides the company with greater flexibility for future capital-raising initiatives. Additionally, the company will shift its registered office from Maharashtra to Meghalaya, pending Central Government approval. This strategic move could signal a new operational focus or expansion plans in the Northeast region.