Astron Paper FY26 results: Company in CIRP, auditor disclaims opinion

Going ConcernEmphasis Of MatterRevenue DeclinePat NegativeAuditor Mid Year ChangeRelated Party TransactionsResults View source PDF Explain this filing

ASTRON · price

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

Price reactionminutes from the announcement price · days from the prior close

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₹3.95

prior close

₹3.95

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-1.1% vs market

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.0+1.1-1.1

Next day

+1.8+1.3+0.4

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-24.1+11.8-35.8

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Astron Paper reported FY26 revenue of Rs 2.79 crore (down 97% from Rs 95.95 crore) and net loss of Rs 19.45 crore. Plant shut since Sept 2024, no production in Q4 FY26. Bank loans of Rs 87.61 crore are NPA, SARFAESI action initiated. NCLT admitted CIRP on May 11, 2026, IRP Atul Sheth now in charge. Auditor H K Shah issued disclaimer of opinion flagging going concern doubt. Auditor was appointed mid-year after predecessor resigned on Jan 23, 2026.

Likely market impact

Stock under insolvency resolution with going concern doubt. Outcome of CIRP resolution plan will decide shareholder fate.