Filter announcements
Loading...
Astron Paper and Board mill Ltd is a paper manufacturing company. It is engaged in the manufacturing of Kraft Paper from waste paper.
🚨 #AstronPaper receives possession notice from Union Bank of India & other lenders for its 17,600 Sq mtrs Land & Building asset in Kutch. This signals potential defaults on secured loans, putting a key company asset at risk. Astron Paper is evaluating implications and seeking legal advice for next steps....
Astron Paper & Board Mill has received a possession notice from a consortium of banks, including Union Bank of India, Axis Bank, ICICI Bank, Bank of Maharashtra, and State Bank of Mauritius. This action, taken under the Securitisation Act, involves the banks taking possession of multiple land parcels, some identified...
Astron Paper & Board Mill has announced a board meeting to review the financial results for the quarter and half-year. The company settled a fine related to delayed compliance, citing the delay as unintentional. Management has been directed to improve adherence to timelines. No further penalties or restrictions on promoter...
Astron Paper & Board Mill Ltd. has announced a board meeting to discuss the financial results for the quarter and half-year. The company faces a Rs. 78.79 Cr default on loans and revolving credit facilities with multiple banks, matching total outstanding borrowings. This full exposure raises concerns over near-term liquidity...
Astron Paper & Board Mill Ltd has announced a board meeting on the financial results for the quarter and half-year. The company reported a standalone net loss of Rs. 51.24 Cr and consolidated net loss of Rs. 56.71 Cr for the year. Operations are severely impacted by plant shutdowns since...