ASTRONNSEAstron Paper & Board Mill LimitedMediumNeutral
Announced Tue, 31 Mar · 16:51 IST

ASTRON PAPER & BOARD MILL LIMITED has informed the Exchange about Resignation of Independent director.

Management Changes View source PDF

ASTRON · price

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Price reaction · full curve 14 horizons · vs prior close
+8.8%1-day move
₹3.39
prior close
₹3.39
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AI summary

Sudhir Maheshwari (DIN: 07827789) has resigned as an Independent Director of Astron Paper & Board Mill Limited, effective March 25, 2026. He cited pre-occupation with other assignments as the reason for stepping down. The resignation letter mentions he holds no other directorships. No replacement appointment has been announced in this filing.

Likely market impact

This is a routine board-level change with no indication of governance concerns or strategic shift. Shareholders should monitor whether the company appoints a replacement Independent Director within the timelines required under SEBI's Listing Regulations to maintain board composition norms.