BSEAsgard Alcobev LtdMediumNeutral
Announced Mon, 9 Feb · 16:14 IST

as per the attachment

Regulatory & Legal View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The company has officially changed its name from 'Banganga Paper Industries Limited' to 'Asgard Alcobev Limited' with effect from February 9, 2026, after receiving approval from the Central Processing Centre (CPC) of the Ministry of Corporate Affairs. The company was originally incorporated as 'Tarun Kumar Trade and Export Limited' and was also previously known as 'Inertia Steel Limited'. The company will shortly apply to the BSE for a corresponding change in its stock name and trading symbol (current BSE Scrip Code: 523888). The new name signals a likely pivot in business focus, from paper and steel into the alcoholic beverages (Alcobev) sector. As per the new certificate, the old name must be displayed alongside the new one for two years.

Likely market impact

This is an administrative update rather than a financial event, so immediate impact on share price is limited. However, the rebranding to an alcohol/beverages identity could be read as a strategic shift in business direction, which investors should watch for via further disclosures on new business activities.