Astron Paper & Board Mill Limited has fulfilled its regulatory obligations by submitting the mandatory compliance certificate under SEBI (Depository and Participants) Regulations 2018 to stock exchanges. The company filed the certificate for the quarter ended March 31, 2026, demonstrating adherence to securities market regulations.

Regulatory Compliance Details

The compliance certificate was submitted pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depository and Participants) Regulations 2018. This regulation mandates companies to provide confirmation regarding the proper handling of securities dematerialisation processes during each quarter.

Certificate Issuer and Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, served as the Registrar and Transfer Agent for issuing the compliance certificate. The certificate confirms that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories within prescribed timelines.

The certificate specifically confirms that:

• Securities received for dematerialisation were accepted or rejected appropriately
• Security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners
• All processes were completed within regulatory timelines

Stock Exchange Submission

The compliance certificate was simultaneously submitted to both major Indian stock exchanges where the company's shares are listed.

Company Information

Astron Paper & Board Mill Limited operates from its registered office in Ahmedabad, Gujarat, with CIN L21090GJ2010PLC063428. The company maintains regular compliance with SEBI regulations through its appointed registrar and transfer agent, ensuring transparent securities handling processes for investor protection.

Astron paper & board mill Limited has announced the resignation of Independent Director Mr. Sudhir Maheshwari, effective from March 25, 2026. The resignation was submitted due to his preoccupation with other assignments and forthcoming commitments.

Director Resignation Details

Mr. Sudhir Maheshwari, holding Director Identification Number (DIN) 07827789, tendered his resignation through a letter dated March 25, 2026. The resignation became effective from the close of business hours on March 25, 2026. The company received his resignation letter on March 30, 2026, at the close of office hours.

Committee Impact

Following his resignation as Independent Director, Mr. Maheshwari will also cease to be the Chairman of the Audit Committee of the company. This dual departure will require the company to make arrangements for both positions to ensure continued governance and oversight.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive disclosure as required under SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Director's Confirmation

In his resignation letter, Mr. Maheshwari expressed gratitude for the opportunities and experiences gained during his tenure with the company. He confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter, specifically his preoccupation with other assignments.

The company noted that Mr. Maheshwari does not hold directorships in any other listed entities, indicating no conflicts or overlapping commitments with other public companies. The resignation letter has been enclosed with the regulatory filing as required documentation.