
Business Update16 Sept 2026, 03:45 pm
Astron Paper: E-voting for 4th CoC Meeting Commences
AI Summary
Astron Paper & Board Mill Ltd has announced the commencement of e-voting for matters discussed at the 4th Meeting of the Committee of Creditors (CoC). The Corporate Insolvency Resolution Process (CIRP) for the company began on May 1, 2026. The e-voting period started on September 11, 2026, at 5:00 PM and will conclude on September 15, 2026, at 5:00 PM. This process allows CoC members to cast their votes on resolutions presented during the meeting, which was originally scheduled for September 2, 2026, and adjourned on September 9, 2026. The company is undergoing CIRP under the Insolvency and Bankruptcy Code, 2016.
Key Highlights
- E-voting for 4th CoC meeting has started.
- Voting period: September 11 to September 15, 2026.
- Company is under Corporate Insolvency Resolution Process (CIRP).
- CIRP commenced on May 1, 2026.
- Process follows Insolvency and Bankruptcy Code, 2016.
Price Impact
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