
Astron Paper Delays AGM Due to CIRP and Pending Annual Records
Astron Paper & Board Mill Ltd has informed the stock exchange about a delay in conducting its Annual General Meeting (AGM). The delay is primarily attributed to the pending finalization of annual records and the subsequent commencement of the Corporate Insolvency Resolution Process (CIRP) on May 11, 2026, as per the National Company Law Tribunal's (NCLT) order. The company, under the guidance of its Resolution Professional, will take necessary steps to complete statutory compliances and convene the AGM in accordance with the Companies Act, 2013, IBC, and SEBI LODR Regulations, subject to NCLT directions and prevailing circumstances during CIRP. Further developments will be communicated to the stock exchange.
Key Highlights
- AGM delayed due to pending annual records and CIRP commencement.
- CIRP began on May 11, 2026, under NCLT order.
- Company to complete statutory compliances and convene AGM.
- Actions subject to NCLT directions and CIRP circumstances.
Price Impact
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