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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Asgard Alcobev Ltd (formerly Banganga Paper Industries, Scrip Code: 512025) held a meeting on March 19, 2026, and approved several key leadership appointments. Mr. Ronak Jain, currently Director & CEO of CMJ Breweries with over 15 years of experience in the liquor and beer industry, was appointed as Additional Director and Managing Director, subject to shareholder approval. Ms. Priyanka Jain, an HR professional with 10+ years of experience, was appointed as Additional Non-Executive Director. Mr. Binit Singhania, a Chartered Accountant with 15+ years in finance, audit, and compliance, was appointed as Finance Director and Chief Financial Officer. The board also approved the postal ballot and e-voting notice, likely to seek shareholder approval for these appointments. All three new appointees are stated to not be related to any existing director.
The new team brings deep alcobev industry experience and finance expertise from outside, suggesting a strategic push to build the liquor business under fresh leadership. Retail investors should watch the postal ballot outcome for formal approval of the Managing Director appointment.