Announced Wed, 16 Sept · 15:39 IST
Section 19(2) IBC application filed at NCLT against non-cooperating personnel
ASTRON · price
▲ 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
+1.4%1-day move
₹2.94
prior close
₹2.94
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+1.7+1.7+1.4+0.3————————
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AI summary
Astron Paper and Board Mill is under Corporate Insolvency Resolution Process since May 11, 2026. The Resolution Professional has filed a Section 19(2) application before NCLT Ahmedabad on July 10, 2026 seeking directions against personnel of the company who are not providing required cooperation and assistance for the CIRP.
Likely market impact
Signals management cooperation issues during insolvency; may delay resolution process timeline if personnel continue non-cooperation.