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Astron Paper & Board Mill Ltd. ( (IN:ASTRON) ) just unveiled an update.
Astron Paper & Board Mill Ltd. has announced that ICICI Bank, after reviewing the company’s submissions, has confirmed the company’s account will not be classified as fraud. The clarification removes a significant overhang of potential reputational and operational risk, offering reassurance to investors and other stakeholders about the company’s banking relationship and regulatory standing.
More about Astron Paper & Board Mill Ltd.
Astron Paper & Board Mill Ltd. is an Indian paper manufacturer based in Ahmedabad, Gujarat, operating in the paper and packaging board industry and catering to demand for paper and board products in domestic and possibly export markets.
Average Trading Volume: 13,409
Technical Sentiment Signal: Sell
Current Market Cap: 225.1M INR
Learn more about ASTRON stock on TipRanks’ Stock Analysis page.