Abril Paper Tech Limited has signed a rent agreement for new premises in Kosamba, Surat, marking a significant operational development for the company. The agreement was executed on Monday, April 6, 2026, as part of the company's ongoing business expansion activities.

Agreement Details

The rent agreement covers premises situated at a strategic location in Surat's industrial area. Key details of the agreement include:

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations by informing BSE Limited about this development. This intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, which mandates listed companies to disclose material events and information.

Previous Disclosure Reference

The current announcement references an earlier disclosure made by the company on March 20, 2026, indicating that this rent agreement may be part of a previously planned business initiative or expansion strategy.

Company Background

Abril Paper Tech Limited, converted from partnership firm Abril International, operates in the paper technology sector. The company is registered in Gujarat with its office located at Jolva, Surat, and maintains its listing on BSE Limited.

The agreement was signed under the authority of Vipul Karshanbhai Dobariya, Chairman and Managing Director of the company, demonstrating board-level approval for this operational decision.

Abril Paper Tech Limited has received a communication for personal hearing from tax authorities regarding a GST show cause notice, following its earlier disclosures made in January and February 2026.

Hearing Details and Timeline

The company received the hearing communication on April 2, 2026 at 7:08 PM via email from the Additional Commissioner, CGST & Central Excise, Surat. The personal hearing has been scheduled for April 7, 2026 in connection with show cause notice number DGGI/SZU/36-155/2025-26 dated February 3, 2026.

Nature of Allegations

The show cause notice pertains to Form GST DRC 1 and demand cum show cause notice issued under Section 74(1) & 74A(1) of the CGST Act, 2017, read with the Gujarat GST Act, 2017 and Section 20 of the IGST Act, 2017. The key allegations include:

• Short payment of GST due to application of lower tax rates
• GST short paid or not paid along with applicable interest and penalty
• Recovery proceedings for the alleged short payment

Company's Position and Impact Assessment

Abril Paper Tech has assessed that the aforesaid demand is not maintainable and plans to submit its reply within the prescribed time limit. The company has stated that it does not envisage any relevant impact on its financials, operations, or other activities based on its current assessment of the matter.

Regulatory Compliance

The disclosure has been made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, in compliance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This communication follows the company's earlier disclosures dated January 23, 2026 and February 4, 2026 related to the same matter.