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

Astron Paper's board has announced a board meeting outcomes, including the financial results for the quarter ended June 30, 2025. The company reported a consolidated loss of ₹5.26 Cr on revenue of ₹1.28 Cr, with EPS at ₹-1.13.

Crucially, auditors have disclaimed their opinion on these results, citing major concerns. These include significant doubts about the company's ability to continue as a going concern due to plant shutdowns, mounting losses, and unpaid bank loans (NPA). Auditors also flagged unprovided liabilities and asset valuation issues.

The board also re-designated Mr. Karshanbhai Hirabhai Patel as Non-Executive Director and reconstituted key committees. The Annual General Meeting is set for September 30, 2025.