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Astron Paper & Board Mill Ltd
D-702, Seventh Floor, Ganesh Meridian
Opposite:- High Court, S.G. Highway
Phone: +91 7940081221p:+91 7940081221 AHMEDABAD, 308060  India Ticker: ASTRONASTRON
Business Summary
Astron Paper & Board Mill Limited is an India-based holding company. The Company and its wholly owned subsidiary company, Balaram Papers Private Limited, are engaged in the business of the manufacturing of kraft paper from wastepaper. The Company offers various types of kraft paper, such as, Fluting Medium, Test Liner, Kraft Liner, VTL (VIRGIN TOP LINER), H-RCT KRAFT LINER, and Liner. Fluting medium is a type of kraft paper used in the production of corrugated cardboard, mainly from 90 to 180 GSM and 16,18, and 20 BF. Recycled Kraft liner is a type of paperboard used in packaging applications with 140 to 350 GSM and 28-35 BF. Virgin Kraft liner is a type of paperboard used in packaging and industrial applications. The Company has three manufacturing units with four paper machines at three different and strategic locations in Gujarat, India with an industrial capacity of approximately 175 thousand tons annually.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20243/31/2024Yes----

Industries
SIC Code Description
2621 Paper mills

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, Managing Director Kirit G.Patel 49 4/1/2016 4/1/2016
Chief Financial Officer SwapnilMadiyar 11/19/2024 11/19/2024
Compliance Officer, Company Secretary AnitaKumavat 3/3/2025 3/3/2025
5 additional Officers and Directors records available in full report.

Business Names
Business Name
540824
ASTRON

General Information
Number of Employees: 411 (As of 3/31/2024)
Outstanding Shares: 46,500,000 (As of 9/30/2024)
Shareholders: 21,364
Stock Exchange: NSE
Fax Number: +91 7940081220


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Monday, April 14, 2025