ASTRONNSEAstron Paper & Board Mill LimitedMediumNeutral
Announced Thu, 19 Mar · 17:39 IST

Outcome of 1st EGM held on 19.03.2026 to appoint Statutory Auditor to fill the casual vacancy and regularization of Ms. Janaki Patel as an Independent Director of the Company

Auditor Resigned MidtermManagement Changes 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
₹3.98
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3+0.0-2.3-2.0+3.2-1.1-1.8-6.8-10.8-2.9+23.2+22.4+13.9+5.8
Up moveDown movePending
AI summary

Astron Paper & Board Mill held its 1st EGM on 19 March 2026 via video conferencing, chaired by Managing Director Mr. Kiritbhai Patel. Two items of business were transacted: (1) appointment of a Statutory Auditor to fill a casual vacancy (passed as an ordinary resolution), and (2) regularization of Ms. Jankiben Patel as an Independent Director (passed as a special resolution). Out of 21,855 total shareholders on the record date (12 March 2026), 35 members attended through VC/OAVM (3 promoter group + 32 public). Voting was conducted electronically with a scrutinizer appointed, but final results and voting breakups are still awaited and will be submitted separately to the stock exchanges.

Likely market impact

The casual vacancy in the Statutory Auditor position signals a prior mid-term auditor exit, which investors should track once the new auditor's name is disclosed. Adding an Independent Director strengthens board composition, though the voting outcome and name of the new auditor remain pending.