AGM Details

  • Meeting Date: Tuesday, August 11, 2026 at 3:00 PM IST
  • Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Record Date: Tuesday, August 4, 2026
  • Remote e-Voting Period: August 8, 2026 (9:00 AM) to August 10, 2026 (5:00 PM)
  • Venue: Deemed to be Registered Office at 238/3, Shiva Ind. Estate, Jolva, Ta. Palsana, Surat, Gujarat, 394305

Business to be Transacted

Ordinary Business:

1. To consider and adopt Audited Standalone Financial Statements for FY ended March 31, 2026, together with Reports of Board of Directors and Auditors

2. To reappoint Mr. Ashvinbhai Laxmanbhai Lathiya (DIN: 10394568) as Whole-time Director who retires by rotation

Financial Highlights (₹ in Lakhs)

| Particulars | FY 2025-26 | FY 2024-25 |

| Total Income | 6,529.83 | 6,091.44 |

| Profit Before Tax | 203.75 | 189.70 |

| Current Tax | 54.00 | 48.89 |

| Deferred Tax | (0.47) | (0.48) |

| Net Profit After Tax | 150.22 | 141.29 |

Capital Structure

  • Authorized Share Capital: 83,00,000 equity shares of ₹10 each (₹830.00 Lakhs)
  • Issued, Subscribed & Paid-up Capital: 79,81,840 equity shares of ₹10 each (₹798.18 Lakhs)
  • IPO Details: Issued 22,00,000 equity shares at ₹61 per share aggregating ₹13.42 Crore on September 3, 2025

Board of Directors:

  • Mr. Vipul Karshanbhai Dobariya - Chairman and Managing Director (DIN: 10394570)
  • Mr. Ashvinbhai Laxmanbhai Lathiya – Whole-time Director (DIN: 10394568)
  • Mr. Prince Lathiya – Non-executive Director (DIN: 10394569)
  • Mr. Mehul Narendrakumar Hingu- Independent Director
  • Mrs. Urvashi Sandeep Dave - Independent Director

Key Managerial Personnel:

  • Mr. Hiren Nakrani - Chief Financial Officer (appointed May 16, 2025)
  • Mrs. Daxa Nilesh Boghara - Company Secretary & Compliance Officer (appointed May 16, 2025)

Professional Appointments:

  • Statutory Auditor: K. K. Haryani & Co., Chartered Accountants (FRN: 121950W)
  • Internal Auditor: R. M. Hariyani & Co., Chartered Accountants (FRN: 147657W)
  • Secretarial Auditor: N R Shah & Co., Company Secretaries
  • RTA: Kfin Technologies Limited, Mumbai

Operational Performance

  • The company manufactures sublimation heat transfer paper (30-90 GSM) for digital printing industry
  • Operates two coating lines with manufacturing facility in Surat, Gujarat
  • Total employees: 16 (14 male, 2 female) as on March 31, 2026
  • No complaints received under Sexual Harassment of Women at Workplace Act, 2013

Key Corporate Developments

  • Successfully completed IPO and listed on BSE SME Platform effective September 5, 2025
  • Converted from partnership firm (Abril International) to private limited company (November 17, 2023) and then to public limited company (September 17, 2024)
  • No material changes in nature of business during the year
  • No dividend recommended for FY26 to conserve resources for future growth

Committee Meetings Held (FY 2025-26)

  • Board Meetings: 17 meetings with 100% attendance by all directors
  • Audit Committee: 8 meetings
  • Stakeholder Relationship Committee: 3 meetings
  • Nomination and Remuneration Committee: 3 meetings
  • General Meetings: 2 meetings (AGM and EGM)

Related Party Transactions

  • Loans taken from Director Mr. Vipul K. Dobariya: Maximum balance ₹122.00 Lakhs, Year-end balance ₹1.00 Lakhs
  • Director remuneration: Mr. Vipul K. Dobariya (₹4.20 Lakhs), Mr. Ashvinbhai L. Lathiya (₹4.20 Lakhs)
  • All transactions conducted at arm's length and in ordinary course of business

Litigation and Contingencies

  • Contingent liability of ₹300.52 Lakhs relating to disputed GST demands for FY 2023-24 and 2024-25
  • One lawsuit filed against Shree Shyam Creation Furnishing under Negotiable Instruments Act, 1881 (Suit no CC/4409/2025)
  • No significant orders passed by regulators/courts impacting going concern status

Shareholding Pattern

Promoter Holding:

  • Mr. Vipul K. Dobariya: 28.75% (22,95,060 shares)
  • Mr. Ashvinbhai L. Lathiya: 15.28% (12,19,740 shares)
  • Mr. Prince Lathiya: 12.82% (10,22,920 shares)

Important Notes

  • Equity shares under compulsory demat trading as per SEBI circulars
  • Physical shareholders must complete KYC formalities with RTA
  • Annual Report sent electronically to members with registered email addresses
  • Hard copies available on request by email to info@abrilpapertech.com

#Tags: #AbrilPaperTech #AGM2026 #FY26Results #IPO #BSESME #RegulatoryCompliance #FinancialDisclosure