5th Committee of Creditors meeting notice under CIRP
ASTRON · price
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Astron Paper and Board Mill is under Corporate Insolvency Resolution Process (CIRP) since May 11, 2026, with Mr. Atul Sheth acting as Deemed Resolution Professional appointed by NCLT Ahmedabad. The company has informed BSE and NSE about its 5th meeting of the Committee of Creditors scheduled for Friday, September 18, 2026 at 3:00 PM. The CoC oversees the insolvency resolution process and decisions on the resolution plan. This is a routine procedural update during ongoing CIRP.
Routine IBC process update; shareholders face continued uncertainty as insolvency resolution progresses and equity value could be heavily diluted or wiped out.