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Astron Paper & Board Mill submits intimation of possession notice

15 Oct 2025 Evaluate
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, Astron Paper & Board Mill has informed that Balaram Papers, a wholly-owned subsidiary of Astron Paper & Board has received a possession notice dated 11.10.2025 from the Canara Bank under Securitisation and Reconstruction of Financial Assets and Enforcement Security Interest (Second) Act, 2002 (Act No. 54 of 2002) and in exercise of powers conferred under Section 13(12) read with rule 3 of the Security Interest (Enforcement) Rules, 2002. The notice pertains to the secured creditor taking possession of the following asset: 1. Hypothecation of Plant and Machineries in the name of Balaram Papers, kept at Revenue Survey No. 258 (Old R S No. 112, paiki 1, adm. About -10217 sq. mtrs, back side of Honest Hotel, Near Highway, Dhanali Road, Mouje - Ganeshpura, Tehsil -Kadi, Dist.- Mehsana. 2. All that piece and parcel of the NA Land for industrial purpose, Revenue Survey No. 258 (0ld R S No. 112, paiki 1, adm. About -10217 sq. mtrs, back side of Honest Hotel, Near Highway, Dhanali Road, Mouje - Ganeshpura, Tehsil -Kadi, Dist.- Mehsana. The Company is evaluating the implications of this action and will take appropriate steps as per legal advice. This disclosure is being made in compliance with the SEBI regulations and for the information of stakeholders. 

The above information is a part of company’s filings submitted to BSE.

Astron Paper & Board Share Price

4.77 0.15 (3.25%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
JK Paper 375.20
TN Newsprints 140.05
West Coast Paper 492.00
Emami Paper Mills 75.24
Seshasayee Paper 270.95
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