Astron Paper Appoints New Auditor, Independent Director, and Shifts Registered Office
Astron Paper & Board Mill Limited announced the outcome of its Board Meeting held on Tuesday, 23rd December 2025. The Board approved the appointment of M/s H K Shah & Co., Chartered Accountants, as th...
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Why is Astron Paper & Board Mill Limited in the news today?
Astron Paper & Board Mill Limited (ASTRON) is in the news due to the announcement details routine corporate actions such as auditor appointment, director appointment, registered office shift, and property sale. while these are necessary corporate actions, they do not immediately suggest a significant positive or negative shift in the company's performance or outlook.
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Astron Paper Appoints New Auditor, Independent Director, and Shifts Registered Office
December 23, 2025, 08:44 AM
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Astron Paper & Board Mill Limited announced the outcome of its Board Meeting held on Tuesday, 23rd December 2025. The Board approved the appointment of M/s H K Shah & Co., Chartered Accountants, as the Statutory Auditor, subject to shareholder approval. Additionally, Ms. Jankiben Patel has been appointed as an Independent Director, also pending shareholder approval.
Due to the sealing of the current registered office premises by Union Bank, the Board approved the shifting of the registered office within Ahmedabad, Gujarat. The new address will be 407, Satyamev Eminence, Beside Saptak Bungalows, Science City Road, Sola, Ahmedabad - 380060.
The company also approved the sale of its freehold property located at Umiya Township, Halvad. The proceeds from this sale will be utilized for payments to the bank and for statutory requirements. Necessary filings with the Registrar of Companies and other authorities will be made accordingly. The Board meeting commenced at 01:15 P.M. and concluded at 01:50 P.M.
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