Investment20 Feb 2026, 10:59 am
Deepak Saraf Acquires 10.19% Stake in Banganga Paper Industries Ltd Via Preferential Allotment
AI Summary
Deepak Saraf has acquired 3,15,75,000 shares carrying voting rights, representing 10.19% of the total voting rights in Banganga Paper Industries Ltd. The acquisition was made through a preferential allotment on 17th February 2026. Before the acquisition, Deepak Saraf did not hold any shares in the nature of encumbrance or any warrants/convertible securities. After the acquisition, he holds 10.19% shares carrying voting rights and no shares are encumbered with him. The total share capital of the company is 11,97,88,000 Equity Shares of Face Value of Re. 1/- before the said acquisition.
Key Highlights
- Deepak Saraf acquires 10.19% stake in Banganga Paper Industries Ltd
- The acquisition was made through a preferential allotment
- No shares were encumbered before or after the acquisition
- The total share capital of the company is 11,97,88,000 Equity Shares of Face Value of Re. 1/- before the said acquisition
- The acquisition was made on 17th February 2026