As per Attachment
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Banganga Paper Industries Limited (formerly Inertia Steel Limited, Scrip Code: 512025) announced the resignation of three directors on 4th February 2026. Mr. Karbhari Pandurang Dhatrak stepped down as Managing Director, Mr. Ramesh Kacharu Rakh resigned as Non-Executive Independent Director, and Mrs. Jayshree Karbhari Dhatrak resigned as Non-Executive Non-Independent Director. All three cited voluntary, personal reasons and stated there are no other material reasons connected to their exit. The filings are submitted under SEBI's Regulation 30 disclosure norms, and the company has provided resignation letters but has not yet announced any new appointments in this communication.
The departure of the Managing Director along with two other directors in a single shot raises governance and leadership continuity concerns for shareholders. With no replacement announced, investors should track the company's next filings for fresh appointments to the MD and board positions.