Astron Paper CoC e-voting window: Sep 11-15, 2026

E-voting opens for the fourth CoC meeting

E-voting for the fourth Committee of Creditors (CoC) meeting of Astron Paper & Board Mill Ltd began on September 11, 2026 at 5:00 pm. The company is undergoing the Corporate Insolvency Resolution Process (CIRP). The e-voting window remains open until September 15, 2026 at 5:00 pm. The mechanism enables CoC members to vote on the resolutions placed before them. The voting is being conducted in line with the Insolvency and Bankruptcy Code, 2016. The update is part of the company’s ongoing CIRP-related disclosures.

Why the fourth CoC meeting timing changed

The fourth CoC meeting was originally scheduled for September 2, 2026. The meeting was later adjourned on September 9, 2026 at 4:00 pm. The adjournment was made based on requests received from CoC members. In the disclosures, the company also referred to the meeting being adjourned from its original date. Separately, the company has indicated that the fourth CoC meeting, initially set for September 2, 2026, was adjourned to September 8, 2026. Across the communications, the central point is that the scheduled meeting did not proceed on the original date and the process moved into an adjourned phase before the e-voting window opened.

What e-voting means in a CIRP process

CoC e-voting is used to record creditor decisions on resolutions presented in a CoC meeting. Under CIRP, such resolutions can relate to process steps, professional appointments, and other actions required to move the resolution process forward. The e-voting window provides a defined period for eligible creditors to cast votes. In Astron Paper’s case, the window runs from September 11 to September 15, 2026, ending at 5:00 pm. The company’s disclosure frames this as part of compliance with the Insolvency and Bankruptcy Code, 2016. The voting outcome is typically used to confirm whether resolutions achieve the required creditor approvals under the IBC framework.

CIRP status and NCLT reference

Astron Paper & Board Mill Ltd has been under CIRP since May 11, 2026. The company has linked this status to an order of the NCLT Ahmedabad Bench. The disclosure also references admission of the CIRP under section 9(5) of the Insolvency and Bankruptcy Code, 2016. During CIRP, the company’s actions and updates often focus on process milestones such as CoC meetings, voting outcomes, and invitations for resolution plans. In a prior update, the company stated it remains under the management of Deemed Resolution Professional Atul Sheth. These details provide the procedural context for the current e-voting window related to the fourth CoC meeting.

Expression of Interest and resolution plan timeline

Alongside the CoC meeting updates, Astron Paper & Board Mill has invited expression of interest (EOI) for resolution plans. The company has disclosed a deadline of November 16, 2026 for submitting these plans. The EOI and submission timeline sit within the broader CIRP framework, where eligible applicants may submit plans that creditors evaluate. The CoC’s decisions and process steps taken during meetings can shape how the resolution plan process is administered. While the current disclosure focuses on the e-voting window, the November 16 deadline is a key forward date in the process that market participants typically track.

What the third CoC meeting approved (background)

In an earlier CIRP update dated August 29, 2026, Astron Paper announced e-voting results of the third CoC meeting held on August 5, 2026. The company stated that the CoC approved five resolutions. These included filing an application before the NCLT against an operational creditor for non-compliance and a fresh publication of Form-G. The CoC also approved evaluation matrix parameters. Another approved item was appointment of VCAN & Co. as transaction auditor for ₹2.5 lakh plus GST and out-of-pocket expenses. The fifth approved action mentioned was installation of solar-powered lighting. The company also disclosed that the e-voting for the third CoC meeting concluded at 7:00 PM on August 26, 2026.

Key facts and dates at a glance

Market impact and stakeholder relevance

The immediate relevance for investors and creditors is that the CIRP process is moving through another voting cycle. For creditors, the e-voting window sets the formal period in which decisions on resolutions can be recorded for the fourth CoC meeting. For potential resolution applicants, the disclosed November 16, 2026 deadline indicates the timeframe for submitting plans. The prior third CoC outcomes also show that the CoC has been taking process and compliance-related decisions, including professional appointments and procedural filings. These disclosures signal continued activity under CIRP rather than a return to normal corporate operations.

Analysis: why the fourth CoC vote matters

In CIRP, CoC votes are the mechanism through which creditors control key process decisions, including administrative steps needed to keep the resolution process on track. The fact that the fourth meeting was adjourned from its original schedule highlights how creditor coordination can affect timelines. The defined e-voting window from September 11 to September 15 creates a clear compliance milestone for the process. The earlier third CoC approvals, including the transaction auditor appointment and steps such as Form-G publication and evaluation matrix parameters, underline that process infrastructure is being built for evaluating resolution options. Within that backdrop, the fourth CoC voting period is another checkpoint that indicates whether the next set of process resolutions secures creditor backing.

What to watch next

The next immediate event is the close of the e-voting window on September 15, 2026 at 5:00 pm. After that, stakeholders typically look for disclosure of voting outcomes and whether the resolutions placed before the CoC were approved. Another forward date already disclosed is November 16, 2026, the deadline for submitting resolution plans pursuant to the EOI process. Any further CoC meeting updates, adjournments, or process announcements would also be relevant as the CIRP continues.

Conclusion

Astron Paper’s fourth CoC e-voting opened on September 11, 2026 and is scheduled to close on September 15, 2026 at 5:00 pm. The vote follows an adjournment from the meeting’s original September 2 schedule, with the company citing requests from CoC members. With the company under CIRP since May 11, 2026 and an EOI process running with a November 16, 2026 plan submission deadline, the next milestones are the voting outcome disclosure and subsequent steps under the insolvency process.