Astron Paper & Board Mill Limited announced that its wholly-owned subsidiary, Balaram Paper Private Limited, has successfully repaid its outstanding dues to Canara Bank, Asset Recovery Management Branch, GIFT City, Gandhinagar. Canara Bank issued a No Dues Certificate on December 29, 2025, confirming the closure of credit facilities provided to Balaram Paper Private Limited. Following this full repayment, Balaram Paper Private Limited has regained physical possession of its immovable property located at Survey No. 258, Mouje Ganeshpura, Tehsil Kadi, District Mehsana, Gujarat. The possession also includes the associated plant, machinery, and inventories, as per the possession notice dated October 11, 2025. The company received the physical possession on December 31, 2025. This disclosure serves to inform stakeholders about the subsidiary's successful loan account closure with Canara Bank and the subsequent recovery of secured assets.
