Astron Paper & Board Mill Limited has informed the Exchange regarding Resignation of M/s SNDK & Associates LLP as Statutory Auditor of the company w.e.f. November 14, 2025.
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Astron Paper & Board Mill Limited has informed the stock exchange that M/s SNDK & Associates LLP has resigned as the Statutory Auditor of the company with effect from November 14, 2025. The resignation has come in mid-term, ahead of the completion of their full audit tenure. The company will now need to appoint a new statutory auditor to fill the resulting vacancy within the timelines prescribed under the Companies Act, 2013. Investors and analysts will be watching for further disclosures regarding the reasons for resignation and the appointment of a replacement auditor.
Mid-term auditor resignations can raise governance red flags and may lead to short-term uncertainty about the stock. Shareholders should look for the company's next update explaining the reason and naming a new auditor.