Astron Paper & Board Mill Limited (ASTRON) — Announcement | 15 May 2026(2 announcements)
Astron Paper & Board Mill Limited announced that the National Company Law Tribunal admitted a petition from operational creditor Empire Sony PTY Limited, initiating a Corporate Insolvency Resolution Process under Section 9(5) of the IBC. The order, dated 11 May 2026, imposes a moratorium effective immediately, suspends board powers, and appoints IRP Atul Jashwantrai Sheth to manage the company as a going concern. The company will keep exchanges informed of further developments.
Astron Paper & Board Mill Limited disclosed that the National Company Law Tribunal admitted a corporate insolvency resolution process against it on May 11, 2026, following a petition from Australia-based operational creditor Empire Sony PTY Limited for an alleged debt of Rs 1.78 crore. The admission triggers a moratorium on creditor actions and suspends board powers, placing management under an interim resolution professional until the restructuring concludes.
About Astron Paper & Board Mill Limited (ASTRON)
Forest Materials · Paper · Listed on NSE
📡 Get AI alerts when ASTRON files next
Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions
Track ASTRON — Free💡 Ask AI about this filing
📊 More ASTRON filings
- 🔴 Announcement — 1 September 2026 Astron Paper & Board Mill Ltd (ASTRON) has filed an Invitation of Resolution Plan under the Corporat...
- 🟡 Voting Results — 29 August 2026 Astron Paper & Board Mill Ltd announced voting results from the third meeting of its Committee of Cr...
- 🔴 Financial Results — 20 August 2026 Astron Paper & Board Mill Limited announced that its quarterly financial results for June 30, 2026 c...
- 🔴 Financial Results — 23 June 2026 No summary available
- 🔴 Financial Results — 1 June 2026 Astron Paper & Board Mill Limited, under insolvency resolution, approved audited results for the qua...
🔥 Also filed on 15 May 2026
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
📡 Get AI alerts when ASTRON files new disclosures
Track ASTRON filings, board meetings, and corporate actions. Free email alerts at 5 PM.
Track ASTRON — FreeFree account · 2 AI queries/day
© 2026 StockFin.ai — AI-powered Indian stock research
About · Privacy Policy · Terms of Service · Pricing
Today's Announcements · Screener · Insights · AI Chat
Data provided by CMOTS Internet Technologies Pvt Ltd