Aten Papers & Foam Limited announced the resignation of Ms. Neha Munot from the position of Company Secretary and Compliance Officer, effective June 2, 2026. The resignation, attributed to personal reasons, was communicated to the stock exchange pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there are no other material reasons for her departure beyond those stated in her resignation letter.

The disclosure was made in a filing to BSE Limited on June 2, 2026, by Mohamedarif Mohamedibrahim Lakhani, Managing Director of Aten Papers & Foam Limited. The company has accepted the resignation, which was tendered with immediate effect. The filing included an annexure detailing the specifics of the change as required by SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023.

Resignation Details

The following table outlines the key particulars regarding the cessation of the officer's tenure:

In her resignation letter addressed to the Board of Directors, Ms. Munot expressed gratitude for the opportunity to serve the company and stated she was no longer in a position to devote the required time due to personal constraints. Aten Papers & Foam Limited is headquartered in Ahmedabad, Gujarat.

Aten Papers & Foam Limited reported a net profit of ₹511.87 lakh for the year ended March 31, 2026, a 60.2% increase from ₹319.48 lakh in the previous year. Revenue from operations surged to ₹11,989.68 lakh from ₹8,051.77 lakh in FY25. The board approved the audited financial results for the half-year and year ended March 31, 2026, at a meeting held on May 30, 2026, at the company's registered office in Ahmedabad.

The statutory auditors, M/s. Alvi & Associates, issued an unmodified opinion on the financial results. The company reported that there were no investor complaints pending as of March 31, 2026. The earnings per share (EPS) for the year was 5.16, up from 4.56 in the previous year.

Auditor Appointments

The board appointed M/s. Gaurav Bachani & Associates as Secretarial Auditor for the financial year 2025-26. Additionally, M/s. Reehan Memon & Associates were appointed as Internal Auditor for the financial year 2026-27.

Financial Performance

The company also filed a statement of deviations for the proceeds of its Initial Public Offering, confirming no deviation in the utilization of funds raised. The IPO proceeds of ₹3,168.00 lakh were utilized for working capital, general corporate purposes, capital expenditure, and issue-related expenses.