INERTIA STEEL LTD.

Asgard Alcobev Ltd has announced that its Board of Directors will convene on August 14, 2026. The primary agenda item is the consideration and approval of the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, the company confirmed that the trading window for its securities will remain closed until 48 hours after the declaration of these financial results, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Asgard Alcobev Limited (formerly Banganga Paper Industries Limited) has filed a disclosure under SEBI's substantial acquisition regulations. Promoter Ronak Jain and Persons Acting in Concert (PACs) have created a pledge on 50,00,000 equity shares, representing 1.60% of the total share capital. This pledge is in favor of International Financial Services Ltd. The disclosure details the shareholding changes before and after this encumbrance, indicating a shift in the pledged share count for Ronak Jain. The total equity share capital of the company is Rs. 31,15,32,917/-.

Asgard Alcobev Limited (formerly Banganga Paper Industries Limited) has filed a disclosure regarding the creation of a pledge on shares held by promoter Ronak Jain. Mr. Jain has pledged 50,00,000 equity shares, representing 1.60% of the total share capital, in favor of International Financial Services Ltd. This action is to provide collateral securities against a loan taken by Ronak Jain, promoter of CMJ Breweries Pvt Ltd, for MIDC repayment. The disclosure was made on July 3, 2026, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Asgard Alcobev Ltd has officially approved the shifting of its registered office from Maharashtra to Meghalaya. This decision follows shareholder approval via a special resolution at an EGM on January 14, 2026, and an order from the Regional Director, Navi Mumbai, dated May 27, 2026. The registered office will move from Nashik, Maharashtra, to Shillong, Meghalaya. Consequently, Clause II of the company's Memorandum of Association has been amended to reflect this change. The board meeting to approve this shift concluded on June 27, 2026.

Asgard Alcobev Ltd has announced the closure of its trading window for all designated and connected persons. This closure is effective from July 1, 2026, and will remain in effect for 48 hours after the declaration of the unaudited financial results for the first quarter ended June 30, 2026. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The specific date for the Board Meeting to approve these financial results will be communicated separately.

Asgard Alcobev Limited (formerly Banganga Paper Industries Limited) has filed a revised disclosure under SEBI's Takeover Regulations concerning the pledge of 2 crore equity shares by Ronak Jain and PACs in favor of Kotak Mahindra Bank Limited. The revision corrects a previous typographical error where the pledged shares were mistakenly categorized as 'Sale' instead of 'Encumbrance'. The total number of shares pledged remains 2 crore, with the corrected classification now reflecting 'Encumbrance'. This filing clarifies the nature of the transaction involving these shares.

Gauri Satish Chiplunkar has resigned as a Director of Asgard Alcobev Limited, formerly known as Banganga Paper Industries Limited. The resignation is effective from the close of working hours on June 17, 2026, and is due to personal reasons. The company has confirmed there are no other material reasons or circumstances connected with her resignation. Ms. Chiplunkar has confirmed no outstanding claims against the company and will cooperate in a smooth transition.

Asgard Alcobev Limited (formerly Banganga Paper Industries Limited) has filed a disclosure under SEBI's takeover regulations regarding the creation of a pledge on 2,00,00,000 equity shares by promoter Ronak Jain in favor of Kotak Mahindra Bank Limited. This pledge represents 6.42% of the total share capital. Following this action, Ronak Jain's direct shareholding in the company has reduced to 31.77%, while the total promoter group holding stands at 53.53%. The disclosure was made on June 3rd, 2026.

Promoter Ronak Jain has created a pledge on 2,00,00,000 equity shares of Asgard Alcobev Limited, representing 6.42% of the total share capital. This encumbrance in favor of Kotak Mahindra Bank was created on June 3, 2026, to provide collateral for a loan taken by CMJ Breweries Private Limited, a subsidiary of Asgard Alcobev. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Asgard Alcobev Ltd has appointed M/s. N C Karnany & Co as its Internal Auditor for the financial year 2026-27, based on the recommendation of the Audit Committee. Additionally, Mrs. Kalpana Srinivasan has been appointed as Secretarial Auditor for a term of 5 financial years starting from FY 2026-27 to 2030-31, subject to shareholder approval. The board also approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.