Banganga Paper Industries Ltd Welcomes Mr Venkatesh Prabhu and Mr Ravindranathan M as New Independent Directors

Banganga Paper Industries Ltd, a Nasik-based manufacturer of eco-friendly paper products, has officially appointed Mr Venkatesh Prabhu and Mr Ravindranathan M as independent directors. The decision was finalised during a board meeting on December 16, 2025, and subsequently filed with the Bombay Stock Exchange (BSE). Both appointments are effective immediately for a five-year term, though they remain subject to ratification by shareholders at the company's next general meeting.

The new directors bring extensive industrial experience to the board. Mr. Venkatesh Prabhu, founder and chairman of VP Global Holdings Pvt Ltd, possesses over 40 years of expertise in the engineering, procurement, and Construction (EPC) sectors, having held leadership roles at firms like United Breweries Ltd and Shaw Wallace & Company Ltd. Mr. Ravindranathan M is a veteran brewery consultant with more than 50 years of experience in production and quality assurance. A chemistry graduate, he has served in senior positions at the United Breweries Group and the Sona Group in Nigeria.

These strategic appointments are intended to enhance Banganga Paper Industries Ltd’s focus on sustainability and operational efficiency. Mr Prabhu’s background in EPC and ethanol projects is expected to support future expansion initiatives, while Mr Ravindranathan’s proficiency in quality management will target improvements in capacity utilisation and product innovation. Together, their combined leadership is set to strengthen the company’s strategic planning, project execution, and risk management as it pursues accelerated growth.

Disclaimer: The article is for informational purposes only and not investment advice.