Outcome of 4th CoC meeting under CIRP

Nclt Insolvency AdmittedRegulatory & Legal View source PDF Explain this filing

ASTRON · price

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

+4.6%Reaction day

₹2.85

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+3.3% vs market

On the reaction day the stock moved 3.3 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+4.6+1.3+3.3

Next day

+4.6-0.2+4.8

+4.6+0.1+4.5

+4.6-1.5+6.1

+2.8-0.5+3.3

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-1.4-2.0+0.6

15d

-0.4-3.4+3.0

-4.6-9.9+5.4

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Astron Paper, under CIRP, shared outcome of 4th CoC meeting held on 2 Sept 2026 (adjourned to 8 and 9 Sept). E-voting concluded on 21 Sept. CoC approved four items: filing of IA with NCLT Ahmedabad under Sections 43 and 66 of IBC, CIRP expenses of about Rs 23.10 lakh, procurement of a hard disk for records, and expenditure for BENPOS data from CDSL.

Likely market impact

Company remains under insolvency; CoC approved IBC fraud-related filings and operational expenses. Outcome keeps the resolution process moving forward.