Astron Paper & Board Mill Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Astron Paper & Board Mill Ltd has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a consolidated net loss of Rs 56.71 Cr, sharply higher than Rs 11.21 Cr last year, on revenues of Rs 317.88 Cr. Ongoing operational issues continue as key plants remain shut, hurting production and sales. The board reappointed S.N. Shah & Associates as internal auditors and proposed Pinakinshah & Co. as secretarial auditors. Auditor reports raised concerns over asset quality and highlighted financial stress.