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Company Information

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ASTRON PAPER & BOARD MILL LTD.

06 June 2025 | 12:00

Industry >> Paper & Paper Products

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ISIN No INE646X01014 BSE Code / NSE Code 540824 / ASTRON Book Value (Rs.) 28.10 Face Value 10.00
Bookclosure 30/09/2024 52Week High 30 EPS 0.00 P/E 0.00
Market Cap. 88.35 Cr. 52Week Low 10 P/BV / Div Yield (%) 0.68 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Brief history of the Company

The Company was incorporated, as a public limited company on December 29, 2010 under the provisions of the Companies Act, 1956 as Astron Paper & Board Mill Limited, in Gujarat. The Company obtained the Certificate of Commencement of Business on February 3, 2011 from the Registrar of Companies, Gujarat at Ahmedabad.

Corporate profile of the Company

For information on the Company`s business profile, activities, services, managerial competence, and customers, see chapters titled "The Management", "The Business" and "Industry Overview"

Awards/accreditations/ major events in the History of the Company

2010

- Incorporation of Company

2012

- Commencement of commercial production.

2014

- Achieved turnover of more than Rs.100 crores

- Received ISO 9001: 2008 and ISO 14001: 2004 certification in respect of in respect of manufacture and dispatch of Kraft Paper.

- Received FSC- STD-40-004 V2/1 Standard for COC Certification - October 2011 and FSC-STD-40-007 V2-0 Sourcing reclaimed materials - April 2011 in respect of purchase of pre and post-consumer recycled carton boxes and manufacture of 100% FSC Recycled Kraft paper in rolls containing at 85% post-consumer material under percentage system.

2016

- Received Authorised Economic operator- T1 certificate

2017

- Received permission for availing Direct Port Delivery facility

2018

-Astron Paper & Board Mill Limited 'Commencement of Commercial Production at PM- 2 located at Halvad, Gujarat.'.

-Company has entered in to MOU with the promoters of Balaram Papers Pvt. Ltd to take over the existing plant located at Ganeshpura, Ta-Kadi, Dist-Mehsana- 382705, Gujarat.

2020

-Company received permission from Government of Gujarat regarding commencement of Unit-1 located at Halvad, Dis-Morbi, Gujar.

-Company Commencement of production of Unit -2 located at Bhuj, Gujarat which was stopped due to covid-19'.

2024 -The Company Announced 10 Megawatt solar power plant project at District: Surendranagar Taluka: Dhangdhra, Village Gala.