Abril Paper Tech Reports No IPO Fund Deviation

Key Quantitative Figures

• Total Amount Raised through IPO: ₹13.42 Crore (₹1342.00 Lakhs)
• Date of Fund Raising (Allotment): September 3, 2025
• Total Amount Utilized as of March 31, 2026: ₹7.97 Crore (₹796.89 Lakhs)
• Unutilized Balance: ₹5.45 Crore

Fund Utilization Breakdown

A detailed breakdown of the objects of the issue versus the actual utilization is provided:

1. Capital Expenditure (Sublimation Paper Coating Machine):

• Object Amount: ₹5.40 Crore (₹540.00 Lakhs)
• Amount Utilized: ₹0.00 (NIL)
• The unutilized amount of ₹5.50 Crore (₹550.00 Lakhs) for this object is currently held in Fixed Deposits.

2. Working Capital:

• Object Amount: ₹5.00 Crore (₹500.00 Lakhs)
• Amount Utilized: ₹5.00 Crore (₹500.00 Lakhs)
• Deviation: NIL

3. General Corporate Purposes:

• Object Amount: ₹2.01 Crore (₹201.00 Lakhs)
• Amount Utilized: ₹1.96 Crore (₹195.89 Lakhs)
• The remaining balance of ₹0.0511 Crore (₹5.11 Lakhs) for this object is held in a bank account.
• Deviation: NIL

4. Issue Related Expenses:

• Object Amount: ₹1.01 Crore (₹101.00 Lakhs)
• Amount Utilized: ₹1.01 Crore (₹101.00 Lakhs)
• Deviation: NIL

Deviation Status

The company has explicitly stated that there is NO deviation or variation in the use of the funds raised. The filing confirms that all utilized funds have been applied according to the disclosed objects. The questions regarding shareholder approval for deviations and explanations for variations are marked as 'Not Applicable'.

Governance and Compliance

• Monitoring Agency: Not Applicable
• Audit Committee Comments: Nil (after review)
• Auditors' Comments: Nil

The document was signed and submitted by Vipul Karshanbhai Dobariya, Chairman and Managing Director (DIN: 10394570), on behalf of the Board of Directors.