Corporate Insolvency Resolution Process

Astron Paper & Board Mill Limited has informed the Exchange about the commencement of Corporate Insolvency Resolution Process (CIRP) due to non-compliance with SEBI regulations, including delayed submission of financial results. The company has filed an application under Section 19(2) of the Insolvency and Bankruptcy Code, 2016, seeking directions regarding non-cooperation by the suspended management. The Resolution Professional has taken steps to facilitate completion of the requisite process and finalisation of the Financial Results.