NSECorporate Insolvency Resolution Process2d ago · 7 Nov 2026, 05:11 pm
Corporate Insolvency Resolution Process
Astron Paper & Board Mill Limited · ASTRON
✦ AI Summary▼ NegativeInsolvency
Astron Paper & Board Mill Limited has informed the Exchange about the Corporate Insolvency Resolution Process (CIRP) and the filing of an application before the Hon'ble National Company Law Tribunal, Ahmedabad Bench under Section 19(2) of the Insolvency and Bankruptcy Code, 2016, due to the non-cooperation of the Suspended Management.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10
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Astron Paper & Board Mill Limited has informed the Exchange about Corporate Insolvency Resolution Process
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ASTRON_07112026171030_Intimation_7th_Nov_2026.pdf
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ASTRON PAPER & BOARD MILL LIMITED CA ATUL J SHETH - RP
Process)
(Under Corporate lnsolvency Resolution B-27, Saiyam Apartments, Near Nehru
Nagar, Ambawadi, Ahmedabad - 380 015
Email:ast1-o.11gifp@Sm.a.i!","S-o-m;Atuls.helhip@.Cm*ail-c-am
November 07,2026
The Secretary The Manager
Listing Department
Corporate Relationship Department National Stock Exchange of lndia Ltd.
BSE Limited Exchange Plaza,Cf I, Block G
Phi roze Jeejeebhoy Towers Bandra- Kurla Complex, Bandra (East)
Dalal Street, Fort, Mumbai400 051
Mumbai400 001
BSE Scrip Code: 540824 NSE Symbol:ASTRON
Dear Sir(s),
Sub.: lntimation under Regulation 30 of the SEBI (Listins Obligations and Disclosure Requirements)
Reeulations, 2015 - Filins of Application under Section 19(2) of the !nsolvencv and Bankruptcv
Coie.2Q16
Pursuant to Regulation 30 of the Securities and Exchange Board of lndia (Listing Obligations and
Disclosure Requirements) Regulations, 201.5, read with the applicable provisions thereof, we hereby
inform you that the Deemed Resolution Professional of Astron Paper & Board Mill Limited, in the
course of the Corporate lnsolvency Resolution Process of the Company, has filed an application before
the Hon'ble National Company Law Tribunal, Ahmedabad Bench under Section 19(2) of the lnsolvency
and Bankruptcy Code, 2016, in relation to non-cooperation and withholding of critical financial
documents and records of the Corporate Debtor and its wholly-owned subsidiary,
The filing of the aforesaid application is part of the CIRP process and is based on the severe difficulties
faced by the RP of Corporate Debtor in discharging his statutory duties due to the non-cooperation of
the Suspended Management, which is causing a direct delay in the CIRP timeline.
You are requested to take the above information on record.
Thanking you
Yours faithfully,
For Astron Pape ited
Atul Sheth
Deemed Resol
ln the matter of Astron per and Board Mill (Under CIRP)
Registered Office: 407, Satyamev Eminence, Science City Road, Sola, Ahmedabad 3800trO, Gujarat, lndia
Previous Registered Office:D-702, Ganesh Meriden, Opp High Court, S. G. Highway, Ahmt:dabad 38006t)
CIN : 121090GJ2010P1C063428