Astron Paper & Board Mill
6.04
-0.31(-4.88%)
Market Cap₹28.09 Cr
PE Ratio-0.60
Company Performance:
1D-4.88%
1M-2.42%
6M-63.61%
1Y-71.60%
5Y-88.50%
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More news about Astron Paper & Board Mill
24Sept 25
Astron Paper & Board Mill Faces Possession Notice for Multiple Properties
Astron Paper & Board Mill Ltd has received a possession notice from a consortium of banks for six properties totaling approximately 160,015 square meters in Village Sukhpar, Taluka Halvad, District Surendranagar. The notice, dated September 23, 2025, was issued by Union Bank of India and member banks including Axis Bank, ICICI Bank, Bank of Maharashtra, and State Bank of Mauritius under the SARFAESI Act. The company is evaluating the implications and will take appropriate steps based on legal advice.
13Aug 25
Astron Paper Reports Q1 FY2026 Loss Amid Plant Closures and Director Changes
Astron Paper & Board Mill Ltd. reported a standalone net loss of Rs 495.61 lakhs for Q1 FY2026, with revenue plummeting to Rs 127.88 lakhs. Consolidated results show a net loss of Rs 526.07 lakhs. The company faces severe operational challenges with both Halved and Bhuj plants non-operational. Bank loans totaling Rs 81.85 crores have been declared NPAs. Management changes include the re-designation of Mr. Karshanbhai Hirabhai Patel and reconstitution of key committees. Auditors have issued a disclaimer of opinion, citing concerns about the company's ability to continue as a going concern.
1 Year Returns:-71.60%
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