Astron Paper & Board Mill Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Astron Paper's board has approved the consolidated financial results for the quarter ending June 30, 2025, reporting a net loss of Rs 5.26 Cr on revenue of Rs 1.28 Cr. Critically, auditors issued a disclaimer of conclusion on these results, citing substantial doubts about the company's ability to continue as a going concern due to shut plants, persistent cash losses, and bank loans declared NPA. Other concerns include unprovisioned receivables, unassessed impairment of assets, and unconfirmed balances. The board also re-designated Mr. Karshanbhai Patel to Non-Executive Director and reconstituted various committees. The Annual General Meeting for FY24-25 will be held on September 30, 2025.