NSECorporate Insolvency Resolution Process28 Jul 2026 · 28 Jul 2026, 05:15 pm
Corporate Insolvency Resolution Process
Astron Paper & Board Mill Limited · ASTRON
✦ AI SummaryInsolvency
Astron Paper & Board Mill Limited has initiated a Corporate Insolvency Resolution Process (CIRP) under Section 25(2)(h) of the Insolvency and Bankruptcy Code, 2016. The company has invited expressions of interest from prospective resolution applicants, with the last date for submission of resolution plans being July 9, 2026.
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Governance Concern8/10
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Market Sentiment5/10
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Full Announcement
Astron Paper & Board Mill Limited has informed the Exchange about Corporate Insolvency Resolution Process
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ASTRON_28072026171444_Letter-BSE_and_NSE.pdf
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ASTRON PAPER & BOARD MILL LIMITED
(Under Corporate lnsolvency Resolution Process)
CA ATUL J SHETH - RP
B-27, Saiyam Apartments, Near Nehru Nagar, Ambawadi, Ahmedabad - 380 015
Email : astroncirp@gmail.com;atu lshethip@gmail.com
July 27,2026
The Secretary / Corporate Retationship Dept. The Manager
The Bombay Stock Exchange Limited Listing Department,
P. J. Towers, National Stock Exchange of India Ltd
Datat Street, Fort, 'Exchange Plaza', C-1, Block G,
Mumbai 400001. Bandra Kurla Comptex, Bandra (E),
Mumbai 400051.
Stock Code: 540824 Stock Code: ASfRON
Ref: lSlN 1NE646X01014
Dear Sir / Madam,
Sub: lnvitation of Resolution Plans under Section 25(2)(h) of the lnsolvencv and Bankruptcv Code, 2016 in the
matter of Astron Paper & Board Mills Limited- Under Corporate lnsolvencv Resolution Process
(,,Corporate Debtor,,)
Ref : Regulation 30 of Securities and Exchange Board of lndia {Listine Obligations and Disclosure Requirements)
Reeu lations, 2015
ln reference to the intimation dated May 15, 2026 and pursuant to Regulation 30(2) of Securities and
Exchange Board of lndia (Listing ObLigations and Disctosure Requirements) Regulations, 20'1 5 ("LODR")
read with the requirements of sub-ctause 16(9) of Para A of Part A of Schedutc lll of LODR, the
undersigned woutd tike to inform you that an invitation for Expression of lnterest in the prescribed
format has been made on July 9, 2026 wherein the last date to submit Expression of lnterest was July
25,2026 which is in terms of lnsotvency and Bankruptcy Code, 2016 read with lnsoLvency and Bankruptcy
Board of lndia (Corporate lnsotvency Resolution Process) Regutations,2016 and amendments thereto
and the same is annexed herein.
You are requested to take the above information on
record. Thanking you,
Yours faithfutty,
For Astron Paper & Board Mills Limited
(Under Corporate lnsolvency Resolution
Process)
Atul Sheth
Resolution Professional
lBBr/rpA-001/r P-PO2463 I 2027-22I L38s4
Authorization for Assignment valid till lune30,2027
Registered Office: 407, Satyamev Eminence, Beside Saptak Bungalows, Science City Road, Sola, Ahmedabad -
380060, Gujarat, lndia
Previous Registered Office:D-702, Seventh Floor, Ganesh Meriden, Opp high Court, S. G. Highway, Ahmedabad
- 380060
CIN: 121090GJ2010P1C063428
FORM G
INVITATION FOR EXPRESSION OF INTEREST FOR
ASTRON PAPER AND BOARD MILL LIMITED
AT GUJARAT
(Under sub-regulation (1) of regulation 364 of the lnsolvency and Bankruptcy Board of lndia (lnsolvency Resolution
Process for 20
sL. RELEVANT
1 Name of the corporate debtor along with PAN & CIN ASTRON PAPER & BOARD MILL LIMITED
Pan No.: AAJCAOS17E
Cl N No.: L2 1090GJ2010P1C063428
2 Address of the registered office 407, Satyamev Eminence, Beside Saptak
Bungalows, Science City Road, Sola,
Ahmedabad - 380060,
Old Reg Office :D-702, 7th Floor, Ganesh
Meridian, Opp. Gujarat High Court, S.G.
Highway, Ahmedabad - 380060, Gujarat.
5 URL of website www.astronpaper.com
4 Details of place where majority of fixed assets are located Factory Units Halwad and Bhuj and offices at
Ahmedabad
5 lnstalled ca of main products/ services 500 Tons per day of Recycled Kraft Paper
6 Quantity and value of main products/ services sold in last 29800 Tons of Kraft paper and Rs 95.74
financial year Crores of finished goods sold during FY 2024-
280 Tons of Kraft paper and Rs72.47 Lakhs of
finished goods of Kraft paper sold during FY
2025-26
7 Number of workmen NIL
8 Further details including last available financiaI statements Details can be sought by emailing-
(with schedules) of two years, lists of creditors are available e-Lusnetlp€gmeii.dsm and can be
At URL: downloaded from astron .com
9 Eligibility for resolution applicants under section 25(2Xh) of Details can be sought by emailing-
the Code is available at URL: .com
10 Last date for recei of of interest 25.07.2026 (Orieinal)
7L Date of issue of provisional list of prospective resolution A4.08.2026 (Originall
lica nts
t2 Last date for submission of objections to provisional list 09.08.2026 (Original)
13 Date of issue of final list of prospective resolution 77.08.2026 (0riginal)
1-4 Date of issue of information memorandum, evaluation 18.08.2026 (Original)
matrix and request for resolution plans to prospective
resolution applicants
15 Last date for submission of resolution plans L7.09.2026 (Original)
1,6 Process email id to submit Expression of lnterest astroncirp@gmail.com
Details of the corporate debtor's t;fr: :Ntl
Registration status as MSME. ,:.!'7i:t\-.!:=
ili:ir, i\lU.
l!8r/tPA"$Srl sd/-
lF.PrE246iI/ I Jashwantrai Sheth
2t]?i-Z{32?_l Professional in the matter of
t 38sri Astron Paper & Board Mill Limited
r pA-001/r P-P0 2463 I ?021-22 / 13854
AFAValid Upto: 30th June,2027
AFA No: AAL/ L3854/ 02/ 3A0627 / 3.O9Oo7
B-27, Saiyam Apartment, Near Nehru Nagar, Ambawadi, Ahmedabad - 380015
Date: 09.07.2026
Place: Ahmedabad