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.

Abril Paper Tech Limited concluded its Board of Directors meeting on March 20, 2026, announcing significant decisions regarding the company's manufacturing facility expansion plans. The meeting, held at their registered office in Surat, Gujarat, resulted in strategic changes to previously approved facility locations.

Board Meeting Outcomes

The board meeting, which commenced at 4:00 PM and concluded at 5:15 PM, addressed key business decisions affecting the company's operational expansion. The company formally communicated these decisions to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Facility Location Changes

The board made two critical decisions regarding manufacturing premises. The company decided not to execute the rent agreement for premises at Block no.9, Plot no.392 to 394, Shubham Textile Hub, Vill-Lindiad Ta-Mangrol Dis-Surat, Gujarat, which had been previously approved in the November 13, 2025 board meeting. Consequently, no additional manufacturing facility will be established at the Lindiad location.

New Manufacturing Facility Approval

The board approved the execution of a rent agreement for new premises situated at C-8 & C-9, Shivay Campus, Behind Heaven Party Plot, Puna-Valthan Canal Road, Kosamba, Surat-395013, Gujarat. The board further authorized the company to undertake permanent and temporary constructions, alterations, or modifications at the premises as required for business purposes. The company will establish its manufacturing facility at these new premises.

Corporate Governance and Communication

Vipul Karshanbhai Dobariya, serving as Chairman and Managing Director with DIN 10394570, digitally signed the official communication on March 20, 2026. The meeting notification and outcome were communicated to BSE Limited, demonstrating the company's commitment to transparent stakeholder communication and regulatory compliance.

Abril Paper Tech Limited, converted from partnership firm Abril International, maintains its registered office at 238/3, Shiva Industrial Estate, Jolva, Surat, Gujarat, while expanding its manufacturing capabilities through the newly approved Kosamba facility.