Business Update28 Jul 2026, 05:30 pm
Astron Paper Invites Expressions of Interest for CIRP
AI Summary
Astron Paper & Board Mill Ltd has issued an invitation for Expression of Interest (EoI) as part of its Corporate Insolvency Resolution Process (CIRP). The invitation was made on July 9, 2026, with the last date for submission of EoIs being July 25, 2026. Further details regarding the process, eligibility criteria, and timelines for submission of resolution plans are available. The company's installed capacity is 500 Tons per day of Recycled Kraft Paper, with significant sales figures for FY 2024-25 and FY 2025-26.
Key Highlights
- Invitation for Expression of Interest issued on July 9, 2026.
- Last date for EoI submission is July 25, 2026.
- Process is under Corporate Insolvency Resolution Process (CIRP).
- Details on eligibility and timelines are provided.
- Company has 500 TPD Recycled Kraft Paper capacity.
Price Impact
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