Astron Paper & Board Mill Limited

Astron Paper & Board Mill Ltd (Under CIRP) to hold Committee of Creditors meeting on Sep 18, 2026

Astron Paper and Board Mill Limited (Under CIRP) will hold its 5th Committee of Creditors meeting on September 18, 2026, at 3:00 PM. The company is under the Insolvency and Bankruptcy Code, 2016, with Mr. Atul Sheth as the Deemed Resolution Professional.

Astron Paper Replies to BSE/NSE on Non-Compliance During CIRP

Astron Paper & Board Mill Limited, under CIRP since May 11, 2026, responded to BSE/NSE notices on pre-CIRP non-compliances. The Resolution Professional cited issues with the erstwhile management and difficulties in accessing records. An application was filed with NCLT seeking cooperation for finalizing Q1 FY27 results.

Astron Paper Files Contempt Plea Against Operational Creditor for Non-Payment

Astron Paper & Board Mill Limited has filed a contempt plea against an Operational Creditor for failing to deposit ₹2,00,000 as directed by the NCLT. The payment was due within two weeks of May 11, 2026. The CIRP for the company began on May 11, 2026.

Astron Paper CIRP: E-voting for 4th CoC meeting from Sep 11-15, 2026

Astron Paper & Board Mill Limited, under CIRP, has initiated e-voting for its 4th Committee of Creditors meeting. The voting window is from September 11 to September 15, 2026. The meeting was adjourned from its original September 2nd date.

Astron Paper delays AGM due to CIRP, statutory compliance pending

Astron Paper & Board Mill Limited's AGM is delayed due to its ongoing Corporate Insolvency Resolution Process (CIRP), which began on May 11, 2026. The company is working to complete statutory compliances and will convene the AGM as per legal requirements and NCLT directions.

Astron Paper Undergoing Corporate Insolvency Resolution Process

Astron Paper & Board Mill Limited is under Corporate Insolvency Resolution Process (CIRP) since May 11, 2026. An application was filed on July 10, 2026, seeking cooperation from personnel for the ongoing CIRP.

Astron Paper & Board Mill Ltd.: CoC Meeting Adjourned to Sep 8

The 4th Committee of Creditors meeting for Astron Paper & Board Mill Limited, under CIRP, has been adjourned. The meeting, initially scheduled for September 2, 2026, will now be held on September 8, 2026.

Astron Paper & Board Mill Ltd: Invitation for Expression of Interest Issued

Astron Paper & Board Mill Ltd has issued an invitation for Expression of Interest as part of its Corporate Insolvency Resolution Process. The revised deadline for EoI submission is September 19, 2026. Key dates for resolution plan submissions and applicant lists are outlined, extending into November 2026. The company produces Recycled Kraft Paper, with recent sales figures provided.

Astron Paper: CoC Approves Filing Against Operational Creditor, Fresh Form-G

Astron Paper's Committee of Creditors approved filing against an operational creditor for non-compliance with a ₹2,00,000 deposit order. Approvals were also given for fresh Form-G publication, evaluation matrix parameters, appointing VCAN & Co. as Transaction Auditor for ₹2,50,000+GST, and installing solar lighting.

Astron Paper Board Mill Limited: Financial Results for Q1 FY27 Not Finalized

Astron Paper & Board Mill Limited's financial results for the quarter ended June 30, 2026, are delayed due to non-completion of audit and non-availability of records. Non-cooperation from suspended management has led to an application filed with NCLT Ahmedabad.

Astron Paper Invites Resolution Plans Under CIRP, Deadline July 25

Astron Paper & Board Mill Limited has invited resolution plans under CIRP. The last date to submit Expression of Interest was July 25, 2026. Key dates include issuing a provisional list by August 4, 2026, and the final submission of resolution plans by September 17, 2026.

Astron Paper & Board Mill Limited: Audited Financial Results for FY Ended March 31, 2026, Approved Amidst CIRP

Astron Paper & Board Mill Limited reported a net loss of ₹1,945.30 Lac for the year ended March 31, 2026. The company is undergoing CIRP, and its auditors issued a Disclaimer of Opinion due to significant financial uncertainties and operational issues. The auditors expressed doubt about the company's ability to continue as a going concern.

Astron Paper Board Mill reports Audited Financial Results for FY26 with Disclaimer of Opinion

Astron Paper & Board Mill Limited announced Audited Financial Results for the Quarter and Year ended March 31, 2026. The company is under CIRP. Auditors issued a Disclaimer of Opinion due to significant concerns including substantial bank loan defaults, plant shutdowns, negative net worth, and lack of verifiable financial data. The company's going concern status is in doubt.

Astron Paper admitted to Corporate Insolvency Resolution Process (CIRP)

Astron Paper & Board Mill Limited has been admitted to Corporate Insolvency Resolution Process (CIRP) by NCLT, Ahmedabad, following a petition by Empire Sony PTY Limited for an alleged debt of ₹1.78 crore. A moratorium is in effect, and the Board's powers are suspended. Mr. Atul Jashwantrai Sheth is appointed as IRP.

Astron Paper admitted to Corporate Insolvency Resolution Process (CIRP)

Astron Paper & Board Mill Limited has been admitted to Corporate Insolvency Resolution Process (CIRP) by NCLT Ahmedabad on May 11, 2026. This follows a petition by M/s. Empire Sony PTY Limited for an operational debt of ₹1.78 crore. A moratorium is now in effect, suspending the Board's powers.

Astron Paper & Board Mill Files SEBI Compliance Certificate for Mar 2026

Astron Paper & Board Mill Limited submitted a SEBI compliance certificate for the period ended March 31, 2026. The certificate confirms adherence to regulations for dematerialisation of securities. It was received from Registrar and Transfer Agent, MUFG Intime India Private Limited.

Astron Paper & Board Mill Ltd: Independent Director Mr. Sudhir Maheshwari Resigns

Mr. Sudhir Maheshwari has resigned as an Independent Director from Astron Paper & Board Mill Limited due to other commitments. He will also step down as Chairman of the Audit Committee. The resignation was effective March 25, 2026.

Astron Paper: Trading Window Closed from April 1, 2026, for Q4 FY26 Results

Astron Paper & Board Mill Limited will close its trading window from April 1, 2026. The window will reopen 48 hours after the announcement of the audited financial results for the fourth quarter ending March 31, 2026. The exact date for the results announcement will be provided later.

Astron Paper & Board Mill Ltd. EGM Voting Results: All Resolutions Approved

Astron Paper & Board Mill Ltd. announced that all resolutions at its 1st EGM on March 19, 2026, were approved. Shareholders overwhelmingly supported the appointment of statutory auditors and the regularization of an independent director, with 100% of valid votes in favor of both resolutions.

Astron Paper & Board Mill Ltd Holds EGM on March 19, 2026

Astron Paper & Board Mill Limited held its 1st EGM on March 19, 2026. Key businesses included appointing Statutory Auditors and regularizing Ms. Jankiben Patel as Independent Director. Voting was conducted via e-voting.

Astron Paper & Board Mill Ltd. Holds 1st EGM on March 19, 2026

Astron Paper & Board Mill Limited held its 1st EGM on March 19, 2026, via Video Conference. Key resolutions included appointing statutory auditors and regularizing Ms. Jankiben Patel as Independent Director. Voting was conducted electronically.

Astron Paper to hold EGM on March 19, 2026, to appoint new auditors and regularize director

Astron Paper & Board Mill Limited will hold an Extraordinary General Meeting (EGM) on March 19, 2026. Key resolutions include appointing H K Shah & Co. as statutory auditors and regularizing Jankiben Patel as an Independent Director from December 23, 2025, to December 22, 2030. Remote e-voting is open from March 16-18, 2026.

Astron Paper Board Mill Approves Q3 FY26 Results, Reconstitutes Committees

Astron Paper & Board Mill Limited approved its Un-Audited Financial Results for the quarter ended December 31, 2025. The Board also approved seeking shareholder consent for the appointment of Ms. Jankiben Patel as Independent Director and M/s H K Shah & Co. as Statutory Auditors. Committees were reconstituted.

Astron Paper Board approves Q3 FY26 results, reconstitutes committees, approves postal ballot

Astron Paper & Board Mill Limited approved its Un-Audited Financial Results for the quarter ended December 31, 2025. Revenue from operations was ₹144.71 Lakhs. The company reported a net loss of ₹445.64 Lakhs (standalone) and ₹505.52 Lakhs (consolidated). The Board also approved seeking shareholder consent for appointing Ms. Jankiben Patel as Independent Director and M/s H K Shah & Co. as Statutory Auditors.

Astron Paper Board Mill Board Approves Q3 FY26 Results, Reconstitutes Committees

Astron Paper & Board Mill's Board approved Q3 FY26 Un-Audited Financial Results. Standalone and consolidated revenue from operations stood at ₹144.71 Lakhs. The company reported a net loss after other comprehensive income of ₹445.64 Lakhs (standalone) and ₹505.52 Lakhs (consolidated). The Board also approved seeking shareholder approval for director appointment ratification and auditor appointment.

Astron Paper faces E-Auction of Secured Assets by Union Bank of India

Astron Paper & Board Mill Limited's secured assets will be auctioned by Union Bank of India on March 13, 2026, due to a debt of ₹83.07 crore as of December 31, 2025. The auction includes office spaces, industrial land, and plant machinery across multiple locations.

Astron Paper Subsidiary Auditors Resign Effective Dec 31, 2025

Balaram Papers Private Limited, a wholly owned subsidiary of Astron Paper & Board Mill Limited, has accepted the resignation of its statutory auditors, SNDK & Associates LLP. The resignation will be effective from December 31, 2025. The auditors cited increased statutory demands and management's inability to provide timely audit information.

Astron Paper's account not classified as fraud by ICICI Bank

Astron Paper and Board Mills Limited has received confirmation from ICICI Bank that its account will not be classified as fraud. The bank made this decision after reviewing the company's submissions.

Astron Paper Subsidiary Repays Loan, Recovers Property from Canara Bank

Astron Paper's subsidiary, Balaram Paper Private Limited, has fully repaid its loan to Canara Bank. The subsidiary has regained possession of its property, plant, machinery, and inventories on December 31, 2025, following the issuance of a No Dues Certificate on December 29, 2025.

Astron Paper submits SEBI compliance certificate for Q3 FY26.

Astron Paper & Board Mill Limited submitted a compliance certificate for the quarter ended December 31, 2025. The certificate, provided by Registrar and Transfer Agent MUFG Intime India Private Limited, confirms adherence to SEBI (Depository and Participants) Regulations, 2018 regarding securities dematerialisation.

Astron Paper & Board Mill Shifts Registered Office in Ahmedabad

Astron Paper & Board Mill Limited has shifted its registered office from D-702, Ganesh Meriden to 407, Satyamev Eminence in Ahmedabad. The change is effective from December 23, 2025. The company has filed form INC-22 to intimate this address change.

Astron Paper & Board Mill: Trading Window Closed Jan 1 to Post Q3 FY26 Results

Astron Paper & Board Mill Limited will close its trading window from January 1, 2026. The window will remain shut until 48 hours after the declaration of the unaudited financial results for the third quarter ending December 31, 2025. The specific date for results announcement will be communicated later.

Astron Paper Appoints New Auditor, Independent Director, and Shifts Registered Office

Astron Paper & Board Mill Limited's Board approved the appointment of H K Shah & Co. as Statutory Auditor and Ms. Jankiben Patel as Independent Director. The company will shift its registered office to 407, Satyamev Eminence, Sola, Ahmedabad. Additionally, freehold property at Umiya Township, Halvad, will be sold.

Astron Paper Subsidiary's Property E-Auctioned by Canara Bank

Canara Bank has issued an e-auction sale notice for assets of Astron Paper & Board Mill's subsidiary, Balaram Papers Private Limited. The auction, scheduled under SARFAESI Act, covers plant, machinery, and land. The company is evaluating implications and will take legal advice.

Astron Paper Receives Possession Notice from Union Bank of India

Astron Paper & Board Mill Limited received a possession notice from Union Bank of India on November 19, 2025. The notice pertains to the seizure of two office spaces in Ahmedabad, admeasuring 333.46 Sq mtrs and 140.43 Sq mtrs respectively.

Resignation of Statutory Auditors of Astron Paper & Board Mill Limited

SNDK & Associates LLP resigned as Statutory Auditors of Astron Paper & Board Mill Limited effective November 14, 2025, citing increased regulatory obligations and time constraints.

Astron Paper Board: Financial Results for Quarter Ended 30 Sep 2025

Astron Paper & Board Mill Limited approved financial results for quarter ended September 30, 2025. The company is undergoing insolvency proceedings and faces challenges with key personnel resignations and asset possessions by lenders.

Astron Paper Board approves Financial Results for Quarter Ended 30 Sep 25

Astron Paper & Board Mill Limited approved financial results for quarter ended September 30, 2025. The company is undergoing CIRP. Key assets are under symbolic possession of secured lenders. Majority of independent directors have resigned.

Astron Paper receives possession notice from Union Bank of India for multiple assets

Astron Paper received a possession notice from Union Bank of India on October 17, 2025, under the SARFAESI Act, for several land and office assets due to outstanding dues.

Astron Paper files SEBI compliance certificate for Q2 FY26

Astron Paper & Board Mill Limited filed its compliance certificate under SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2025.

Astron Paper's subsidiary Balaram Papers receives possession notice from Canara Bank

Astron Paper's subsidiary Balaram Papers received a possession notice from Canara Bank for plant, machinery, and industrial land due to default. The company is evaluating legal options.

Astron Paper & Board Mill Receives Possession Notice from Union Bank of India

Astron Paper & Board Mill received a possession notice dated 25 Sep 2025 from Union Bank of India regarding taking possession of a land asset in Kutch. The company is evaluating the implications.

Resignation of Independent Director Ms. Dhyanam Sunilkumar Vyas

Ms. Dhyanam Sunilkumar Vyas has resigned as an Independent Director of Astron Paper & Board Mill Limited, effective at the close of business hours on October 6, 2025, citing preoccupation with other assignments.

Astron Paper & Board Mill: Outcome of 15th AGM

Astron Paper & Board Mill held its 15th AGM on September 30, 2025, via video conferencing. All resolutions were passed, including financial statement adoptions, director re-appointment, and auditor appointment.

Astron Paper & Board Mill holds 15th AGM, discusses FY25 financials with qualified audit opinion

Astron Paper receives possession notice from Union Bank of India and other banks for company assets

Disclosure of Default Amount as of June 30, 2025

Astron Paper Clarifies Share Price Surge, Reveals Financial Stress and 11-Month Plant Closure

Astron Paper & Board Mill to hold 15th AGM on September 30, 2025

Astron Paper's bank facilities ratings downgraded to IVRD by Infomerics