Abril Paper Tech Ltd

Reporting to stock exchanges

• Details of dematerialised/rematerialised securities were furnished to all stock exchanges where listed.
• Certificate confirms compliance with Regulation 74(5) by reporting these details to exchanges.

Abril Paper Tech Limited — Closure of Trading Window from 01st October, 2026 till the completion of 48 hours after the declaration of the Standalone Unaudited Financial Results of the Company for the Half Year ending on September 30, 2026

Financing approval

• Approved availing a working capital credit facility from ICICI Bank up to Rs 8 crore.

Meeting Details

• Date: August 17, 2026; Location: Registered office, Jolwa, Surat; Time not disclosed.

Key Agenda Items

• To apply for availing a credit facility from ICICI Bank.

AGM details

• AGM held 11 August 2026 at 3:00 PM via VC/OAVM.
• E-voting open 8–10 August 2026; results unblocked 11 August 2026.
• Notice for AGM dated 10 July 2026.

Key resolutions and outcomes

• Ordinary: adopt audited standalone financial statements for FY ended 31 March 2026; passed 100% of valid votes.
• Ordinary: reappoint Ashvinbhai Laxmanbhai Lathiya as director by rotation; passed 100% in favour; some invalid votes.

Director appointment/retirement

• Ashvinbhai Laxmanbhai Lathiya, Whole-time Director, retires by rotation and is re-appointed.

AGM Details

• 3rd AGM held on 11 August 2026 at 3:00 PM IST via VC/OAVM.
• Meeting concluded at 3:22 PM; e-voting opened for 15 minutes.
• No Q&A session due to VC format; no speaker registrations.

Ordinary Business

• Adoption of Audited Standalone Financial Statements for the year ended 31 March 2026.
• Reappointment of Ashvinbhai Laxmanbhai Lathiya as Whole-time Director.

Voting Status

• Resolutions were put to vote exclusively through e-voting.
• Results to be announced within two working days and intimated to exchanges and the company website.

Appeal hearing notice

• Notice received from Appellate Authority, Gujarat, for appeal AD241221005148Q.
• Hearing fixed for 12 August 2026; reference ZD2408260171987.
• Relates to demand order under section 130 for non-production of e-way bill.
• Rs 9,85,640/- demanded on 17/11/2021; deducted from cash ledger without consent.
• Appeal filed on 15/12/2021 by erstwhile Abril International (now Abril Paper Tech Limited).
• Company states no material impact on finances or operations.

Financial snapshot

• Revenue from operations ₹6,508.36 Lakhs; total income ₹6,529.83 Lakhs.
• Profit before tax ₹203.75 Lakhs; tax ₹54.00 Lakhs; net profit ₹150.22 Lakhs.
• EPS ₹2.14; FY25-26 revenue up ~7%; PAT up ~6% YoY.
• IPO raised ₹13.42 Crores via 22 lakh shares at ₹61 each.
• Unutilised IPO proceeds ₹5.50 Crores; fixed deposits held as investment.
• Cash flow from operations negative ₹7.60 Crores; cash and cash equivalents ₹9.49 Lakhs.
• Fixed deposits ₹5.50 Crores; unutilised IPO funds parked in FD.

IPO & capital structure

• IPO: 22,00,000 equity shares at ₹61; ₹13.42 Crores raised.
• Listed on SME Platform of BSE on 5 September 2025.
• Paid-up capital ₹798.18 Lakhs; outstanding shares 79,818,400.
• Authorised capital ₹8.30 Crores (₹83 lakh shares).
• Promoters’ stake: Vipul 39.69%, Ashvin 21.10%, Prince 17.69%.
• Dividend policy disclosed on website; no dividend declared for FY25-26.

Board and governance

• Board comprising five directors as of 31 March 2026.
• Independent directors: Urvashi S. Dave and Mehul N. Hingu.
• Governance committees: SRC, Audit, and NRC formed 10 April 2025.
• Nomination and Remuneration Policy adopted; familiarization programs offered.
• Whistle Blower policy and insider trading code published on company site.
• Annual board performance evaluation framework implemented.

Audit and compliance

• Statutory Auditor: K. K. Haryani & Co.
• Internal Auditor: R. M. Hariyani & Co.
• Secretarial Auditor: N. R. Shah & Co.
• Statutory Audit: no qualifications; GST disputes disclosed under CARO.
• Secretarial MR-3: no adverse observations.
• Independent Auditor’s Report confirms accountability and compliance.

Capital structure and liquidity

• IPO funds unutilised ₹5.50 Crores; invested in fixed deposits.
• Cash and cash equivalents ₹9.49 Lakhs; cash flow from operations negative.
• Investments: fixed deposit ₹5.50 Crores; no other material investments.
• Total assets ₹25.52 Crores; equity capital ₹7.98 Crores; reserves ₹15.80 Crores.

Related party transactions

• Director loans: max ₹122.00 Lakhs; year-end balance ₹1.00 Lakh.
• Promoter remuneration: Vipul ₹4.20 Lakhs; Ashvin ₹4.20 Lakhs.
• CS remuneration ₹2.78 Lakhs; CFO remuneration ₹2.52 Lakhs.
• Related party disclosures are noted; all at arm's length.

Risks, outlook and operations

• Operations at a single facility in Surat; concentration risk.
• Risks: utility supply, raw material price volatility, and energy costs.
• Outlook: coating expansion to scale, pan-India distribution, potential exports.
• Management focuses on prudent capital allocation and regulatory compliance.

Other statutory disclosures

• CSR under Section 135 not applicable.
• Maternity benefits and sexual harassment policies in place; ICC reports zero complaints.
• Compliance with Secretarial Standards; no material non-compliance reported.

AGM Details

• 3rd AGM scheduled for Aug 11, 2026 at 3:00 PM IST via VC/OVAM.

E-voting and Notice

• Cut-off for e-voting on Aug 4, 2026.
• E-voting opens Aug 8, 2026 at 9:00 AM and closes Aug 10, 2026 at 5:00 PM.
• Notice and Annual Report will be sent electronically; no physical copies.