ImportantDisclosure of material issue
🚨 #AstronPaper receives possession notice from Union Bank of India & other lenders for its 17,600 Sq mtrs Land & Building asset in Kutch.
Astron Paper & Board Mill LimitedASTRON · Filed with the exchange
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.
Investors should monitor this situation closely as it could impact the company's assets and operations. #CorporateNews #DebtCrisis
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