Announced Fri, 20 Mar · 15:13 IST

Astron Paper & Board Mill Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on March 19, 2026. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

ASTRON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.2%1-day move
₹3.80
prior close
₹3.96
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.5+2.5+2.5+3.2-1.1-1.8-6.8-10.8-2.9+23.2+22.4+13.9+5.8
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AI summary

Astron Paper & Board Mill held its 1st Extraordinary General Meeting on March 19, 2026, via video conferencing. Two resolutions were put to vote through remote e-voting (conducted March 16-18, 2026): (1) Appointment of Statutory Auditors to fill a casual vacancy (ordinary resolution), and (2) Regularization of Ms. Jankiben Patel as an Independent Director (special resolution). Both resolutions were approved with overwhelming majority — over 99.99% of valid votes cast in favour in each case. Total voting turnout was 36.85% (85,67,265 votes out of 4,65,00,000 outstanding equity shares), and the promoter group was not interested in either resolution. The Scrutinizer, Mr. Pinakin S. Shah, confirmed the results are valid.

Likely market impact

Routine procedural outcome — auditor appointment and independent director regularization have shareholder backing with near-unanimous support, indicating no governance controversy. Likely neutral to mildly positive for the stock as it removes a casual vacancy in auditing and strengthens board composition.