17-Sept-2026 19:30:04

ASTRONGeneral news

ASTRON PAPER & BOARD MILL LTD : CORPORATE INSOLVENCY RESOLUTION PROCESS FILING

• Resolution professional responds to SEBI notices regarding non-compliance/delayed compliance with LODR Regulations, 2015. • Stated non-compliances relate to periods prior to commencement of CIRP on May 11, 2026. • RP was not in charge of affairs during pre-CIRP period and defaults cannot be attributed to current RP. • Delays in financial results attributed to non-availability of information from suspended management and non-cooperation. • Application filed before NCLT Ahmedabad Bench seeking directions against suspended management for non-cooperation. • RP committed to making applicable disclosures during CIRP period as required by law. Impact: Neutral (Procedural filing clarifying RP's position on historical non-compliances.)

Astron Paper & Board Mill Ltd

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