Abril Paper Tech has received a communication from the Office of the Appellate Authority, Gujarat, scheduling a hearing for appeal proceedings on July 7, 2026. The hearing relates to a demand of Rs. 9,85,640 raised against the erstwhile partnership firm Abril International, which has since been converted into the listed entity. The company received the intimation via email on June 24, 2026, at 1.11 p.m.

The appeal addresses a demand order passed under Section 130, alleging that no awaybill was produced when a vehicle was intercepted. According to the disclosure, the demand of Rs. 9,85,640 was raised on November 17, 2021, without a show-cause notice or an opportunity to be heard. The amount was subsequently deducted from the company's cash ledger on the same day without consent, prior to the due date of November 24, 2021.

The appeal was originally filed by the erstwhile firm Abril International on December 15, 2021. The upcoming hearing will be conducted by the Appellate Authority, Gujarat, Division 8, under reference number ZD2406260766633.

Key Details of the Appeal

The disclosure was made to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Vipul Karshanbhai Dobariya, Chairman and Managing Director, signed the disclosure on behalf of the Board of Directors.

Abril Paper Tech Limited reported a net profit of ₹150.22 lakh for the fiscal year ended March 31, 2026, reflecting a 6.3% increase compared to ₹141.29 lakh in the previous year. Revenue from operations for FY26 rose to ₹6,508.36 lakh from ₹6,091.08 lakh in FY25, driven by the company's manufacturing and trading of paper products. The board approved the audited standalone financial results for the half year and fiscal year ended March 31, 2026, at a meeting held on May 25, 2026.

For the half year ended March 31, 2026, the company recorded a net profit of ₹42.95 lakh on revenue from operations of ₹2,705.47 lakh. Total income for the year stood at ₹6,529.83 lakh, while total expenditure was ₹6,326.08 lakh. The earnings per share (EPS) for FY26 was reported at ₹2.14, compared to ₹2.48 in the previous year.

Financial Performance

The company's paid-up equity share capital increased to ₹798.18 lakh in FY26 from ₹578.18 lakh in FY25, following an Initial Public Offer of 22,00,000 equity shares. The debt-equity ratio improved to 0.08 from 0.19 in the previous year.

M/s. K. K. Haryani & Co, Chartered Accountants, audited the financial results and issued an unmodified opinion. The statutory auditor confirmed that the results give a true and fair view of the company's financial performance in conformity with the applicable accounting standards. The trading window for designated persons, which was closed since April 01, 2026, will reopen 48 hours after the declaration of the results.