Chief Financial Officer, Mr. Santosh Baburao Ugale, Resigns from Banganga Paper Industries Ltd

Banganga Paper Industries Ltd has announced the resignation of its Chief Financial Officer, Mr. Santosh Baburao Ugale, effective from 14.03.2026. Mr. Ugale, who was appointed on 22.10.2024, has been leading the company's financial strategy and ensuring compliance with regulatory standards. His contributions have significantly strengthened financial controls and operational efficiency, driving overall growth and stability. Mr. Ugale is not related to any Director of the company and is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority. The company has assured that Mr. Ugale will ensure a smooth transition and will assist in the handover of responsibilities until his departure.