Asgard Alcobev Postal Ballot: Five Director Appointments

Asgard Alcobev Limited (formerly Banganga Paper Industries) issued a Postal Ballot Notice seeking shareholder approval for five board-level appointments.
Key appointment: Ronak Jain (DIN: 00534143) as Managing Director for 5 years (March 19, 2026–March 18, 2031) at up to ₹3 lakh/month; he holds 60.81% of the company.
Other appointees include Finance Director & CFO Binit Singhania, Non-Executive Director Priyanka Jain (7.22% holding), Independent Director Keshava Patkar (5-year term), and Executive Director Swaminathan Muralidharan.
Remote e-voting via CDSL runs from March 28, 2026 to April 26, 2026; company's FY2024-25 revenue surged to ₹58,096 lakhs from ₹0.39 lakhs in FY2023-24.