Astron Paper & Board Mill Limited

Astron Paper & Board Mill Limited

Astron Paper & Board Mill Limited has informed the Exchange about Corporate Insolvency Resolution Process. The company is under corporate insolvency resolution process pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016.

Astron Paper & Board Mill Limited

Astron Paper & Board Mill Limited has informed the Exchange about Corporate Insolvency Resolution Process due to non-finalization of Financial Results for the quarter ended June 30, 2026, primarily attributable to the non-completion of the requisite review/audit process by the Statutory Auditors and the non-availability of certain requisite books of account, financial information, records, explanations and supporting documents.

Astron Paper & Board Mill Limited

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.

Astron Paper & Board Mill Limited

Astron Paper & Board Mill Limited has submitted a disclosure under SEBI Takeover Regulations, as per Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Astron Paper & Board Mill Limited

The National Stock Exchange (NSE) has sought clarification from Astron Paper & Board Mill Limited for its failure to submit the 'Statement of Impact of Audit Qualifications' for the quarter ended March 31, 2026. This non-submission is in violation of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, indicating a potential lapse in financial reporting and compliance. The company's official response to this query is currently awaited by the Exchange.