Astron Paper CoC approves resolutions, including ₹23.11 Lacs CIRP expenses

Astron Paper & Board Mill Ltd announced the outcome of its Fourth Committee of Creditors (CoC) meeting, held on September 2, 2026, and subsequently adjourned to September 8 and 9, 2026. E-voting for the meeting concluded on September 21, 2026. The CoC, with the requisite majority, approved several resolutions, including filing an application with the Hon'ble National Company Law Tribunal (NCLT) Ahmedabad under sections 43 and 66 of the Insolvency and Bankruptcy Code, 2016. Additionally, the CoC approved CIRP expenses of ₹23,10,852/-, the procurement of a 1 TB Seagate Hard Disk for secure data storage, and expenditure for obtaining BENPOS data.