BSEAsgard Alcobev LtdMediumNeutral
Announced Fri, 10 Apr · 20:51 IST

Change of Name of the Company

Corporate Actions 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 14 horizons · vs prior close
-6.6%1-day move
₹44.15
prior close
₹43.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-4.9-4.5-6.2-6.6-5.3-19.1-23.0-21.9-20.1-19.1-23.4-25.3-26.4
Up moveDown movePending
AI summary

Asgard Alcobev Limited (formerly Banganga Paper Industries Ltd) has announced a change in its company name effective April 17, 2026. The scrip code 512025 remains unchanged. The abbreviated name on the BOLT Plus trading system will be updated from 'Banganga' to 'ASGARD'. This is a standard corporate name change filing with BSE, likely reflecting a shift in business focus from paper manufacturing to alcoholic beverages.

Likely market impact

The name change from a paper industry to an alcobev company signals a potential business transformation. Existing shareholders should note the scrip ID remains the same, so no action is required for trading. Investors should assess whether this aligns with their investment thesis.