Banganga Paper Industries Share Price in Focus on Appointment of 2 Independent Directors

Banganga Paper Industries Ltd, a prominent eco-friendly paper products manufacturer based in Ramshej, Nasik, has appointed Mr Venkatesh Prabhu and Mr Ravindranathan M as independent directors.  

New Appointments to Bolster Strategic Expertise 

Effective from December 16, 2025, the appointments of Mr Venkatesh Prabhu and Mr Ravindranathan M as independent directors are set for a 5-year term, pending shareholder approval at the next general meeting.  

Profile of Mr Prabhu and Mr Ravindranathan  

Mr Prabhu, with over 40 years of experience in the engineering, procurement, and construction sectors, brings valuable insights from his leadership roles at companies like United Breweries Ltd and Shaw Wallace & Company Ltd. 

Mr Ravindranathan M, a seasoned brewery consultant with more than 50 years in the industry, offers expertise in brewery operations, production, and quality assurance. His experience with major organisations such as the United Breweries Group and the Shaw Wallace Group will be instrumental in enhancing Banganga's operational efficiency. 

Board Meeting in Focus on December 17 

In addition to the new appointments, the board meeting on December 17, 2025, going to consider and approve several key matters. These included increasing the authorised share capital, issuing securities via preferential issue or private placement, and considering a strategic acquisition. Other topics included appointing a new statutory auditor, shifting the registered office, and discussing borrowing and inter-corporate loans. 

Read More: Can Fin Homes Declares ₹7 Interim Dividend for FY26 and Reappoints Managing Director! 

Banganga Paper Industries Share Price Performance  

As of December 17, 2025, at 3:07 PM, Banganga Paper Industries share price touched intraday high of ₹61.49 on BSE. 

Conclusion 

The appointments of Mr. Venkatesh Prabhu and Mr. Ravindranathan M as independent directors mark a significant step for Banganga Paper Industries in enhancing its strategic and operational capabilities. Their extensive experience in related industries is expected to contribute positively to the company's ongoing initiatives. 

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