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.
This announcement is a significant step in the CIRP process, indicating progress towards a resolution for the company. It directly impacts stakeholders involved in the insolvency proceedings.
The announcement is a procedural update regarding the Corporate Insolvency Resolution Process and does not contain financial performance data or strategic decisions that would indicate a positive or negative sentiment.
Astron Paper & Board Mill Limited, currently under Corporate Insolvency Resolution Process (CIRP), has issued an invitation for Resolution Plans under Section 25(2)(h) of the Insolvency and Bankruptcy Code, 2016. The company, through its Resolution Professional CA Atul J Sheth, announced this on July 27, 2026, following SEBI LODR Regulations.
An invitation for Expression of Interest (EOI) was initially made on July 9, 2026, with the last date for submission set as July 25, 2026. This process is in accordance with the Insolvency and Bankruptcy Code, 2016, and related regulations.
The company's registered office is located at 407, Satyamev Eminence, Beside Saptak Bungalows, Science City Road, Sola, Ahmedabad. Its factory units are situated in Halwad and Bhuj, with offices in Ahmedabad. The installed capacity is 500 Tons per day of Recycled Kraft Paper. For the Financial Year 2024-25, the company sold 29,800 Tons of Kraft paper and ₹95.74 crore of finished goods. For FY 2025-26, it sold 280 Tons of Kraft paper and ₹72.47 Lakhs of finished goods.
Key dates for the resolution process include: provisional list of prospective resolution applicants to be issued by August 4, 2026; objections to the provisional list due by August 17, 2026; final list of prospective resolution applicants by August 17, 2026; issuance of information memorandum, evaluation matrix, and request for resolution plans by August 18, 2026; and the last date for submission of resolution plans is September 17, 2026.
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.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Astron Paper & Board Mill Limited. Read the original for the full detail.