ASTRON NSE filing

Astron Paper CIRP: E-voting Results for CoC Meeting Released

The RealCase readMedium impact Negative

Astron Paper & Board Mill Limited's Committee of Creditors rejected resolutions for the appointment of Mr. Navin Khandelwal and Mr. Arul Sheth as Resolution Professionals. The e-voting for the Fifth CoC meeting concluded on October 7, 2026.

Why it matters

The rejection of resolutions for Resolution Professional appointments within a CIRP can lead to delays and uncertainty in the resolution process, impacting potential outcomes for creditors and stakeholders.

The market read

The company is under CIRP and key resolutions regarding the appointment of Resolution Professionals were rejected, indicating a lack of consensus or progress in the resolution process.

Astron Paper & Board Mill Limited, currently under Corporate Insolvency Resolution Process (CIRP), has announced the e-voting results for the Fifth Meeting of the Committee of Creditors (CoC). The e-voting concluded on October 7, 2026, at 6:00 PM.

Two resolutions were presented to the CoC for approval: the appointment of Mr. Navin Khandelwal as Resolution Professional and the appointment of Mr. Arul Sheth as Resolution Professional. Both resolutions were rejected by the CoC. This information is being disclosed pursuant to Regulation 30(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Filing to action

What to do with a filing like this

Astron Paper & Board Mill Limited filed this with the NSE as a statutory disclosure, categorised under corporate insolvency resolution process. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Astron Paper & Board Mill Limited. Read the original for the full detail.

View original filing