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Awaiting price reaction for this filing.
Banganga Paper Industries Limited (formerly Inertia Steel Limited) has appointed Dr. Keshav Lakshminarayana Patkar (DIN: 07672085) as an Additional Director in a Non-Executive, Independent capacity, effective February 2, 2026. The appointment was approved via a board resolution passed by circulation and is for a five-year term ending February 2, 2031, subject to shareholder approval at the next AGM. Dr. Patkar holds a Ph.D. from the University of Mysore and brings over 30 years of experience in the brewery and consumer goods industry, including senior roles at SABMiller India and AB InBev APAC. He holds no shares in the company and is not related to any existing director or key managerial personnel.
This is a routine governance update that strengthens the board's independent oversight. For shareholders, it signals compliance with independent director requirements but is unlikely to have a material impact on the stock price.