Apt Packaging Ltd

Apt Packaging Limited: Trading Window Closure from 1 October 2026 for Un-Audited Financial results for the quarter and half year ended 30 September 2026, till 48 hours after the declaration of the financial results.

AGM Details

• Date/time: 21 September 2026, 3:30 PM to 5:00 PM.
• Mode: physical AGM with remote and during-AGM e-voting.
• Shareholders present: 59 (Promoter group 22, Public 37).

Resolutions Put to Vote

• Ordinary Res 1: Adoption of financial statements; result not disclosed.
• Ordinary Res 2: Ratify statutory auditors and remuneration; result not disclosed.
• Ordinary Res 3: Re-appointment of Sandeep Machhar by rotation; result not disclosed.
• Special Res 4: Related party transaction with Raila Industrial Corporation Limited; nature and value not disclosed.

Director Changes

• Director re-appointment: Sandeep Machhar by rotation.

Auditors

• Statutory auditors ratified; remuneration to be fixed.

Material Related Party Transactions

• Related party transaction with Raila Industrial Corporation Limited; nature and value not disclosed.

APT Packaging Ltd – Book closure for AGM from 17 September 2026 to 21 September 2026 (FY 2025-26)

Financial highlights

• Revenue from operations: ₹2,250.11 Lakhs, up 65.5% YoY.
• Total revenue: ₹2,284.65 Lakhs.
• PAT: ₹160.63 Lakhs; up 494.7% YoY.
• EPS: Basic ₹1.46; Diluted ₹1.46.
• Dividend for FY2025-26 not recommended.
• Preferential allotment completed; 65.50 lakh shares issued.
• Funds from preferential issue strengthen working capital and reduce interest burden.
• Domestic revenue ₹2,175.27 Lakhs; exports ₹74.84 Lakhs.
• Geographic mix supports broader market reach.

Capital structure & liquidity

• Authorized share capital ₹15 Cr; issued ₹12.63 Cr; paid-up ₹11.81 Cr.
• 50 lakh equity shares issued on preferential basis.
• Funds from preferential issue strengthen working capital and reduce interest burden.
• Total borrowings: current ₹305.72 Lakhs; non-current ₹348.47 Lakhs.
• Cash and cash equivalents ₹21.23 Lakhs; fixed deposits ₹417.54 Lakhs.
• Promoter shareholding increase via preferential issue.
• Dematerialization: ~89.8% of shares dematerialized.

Operations & geography

• Geographic mix: India ₹2,175.27 Lakhs; outside India ₹74.84 Lakhs.
• External segment revenue total ₹2,250.11 Lakhs.
• Manufacturing plant located in Haridwar, Uttarakhand.
• Main product: Co-extruded tubes.
• Turnover growth driven by capacity utilization and efficiency.

Strategic developments

• Preferential issue completed; funds support modernization.
• Expansion and modernization plans to raise capacity.

Governance & leadership

• Board changes: Suyog Machhar appointed Joint Managing Director.
• Independent directors Tapdiya, Kotak, Somani appointed; Ghevarchand Bothara and Rupali Bothara ceased.
• Avnish Shrivastav appointed CEO w.e.f 28 Apr 2026.
• Auditors reappointed; Secretarial Auditor Ganesh Palve appointed.

Audit & controls

• GST liability ₹20.70 Lakhs for 2019-20 appealed; not provided in books.
• Secretarial audit notes designated depository appointed; some promoter shares remain in physical.
• BSE penalty paid: ₹2,00,600 for prior non-submission; fully settled.
• Internal controls adequate; minor weaknesses flagged; management to strengthen internal audit.

AGM & shareholding

• 46th AGM on 21 September 2026 at registered office.
• Remote e-voting 14–20 September 2026; cut-off 14 September.
• Register of Members closed 15–21 September 2026.
• Promoter holdings: Arvind Machhar 9.46%; Race Course Capital 5.06%; Sunil Machhar 5.62%.
• 8% of shares dematerialized as of 31 March 2026.

Promoter & ownership

• Promoter holdings details highlighted; no subsidiary, associate, or JV.
• Dematerialization progress aligns with SEBI/LODR norms.

Price movement clarification and Q1 2026 results

• Company states no undisclosed material information or corporate action as of the clarification date.
• Price movement appears market-driven with no specific factor identified by management.
• Q1 FY2026 results declared on 27 July 2026 show revenue ₹1,083.63 Lakhs and profit ₹181.65 Lakhs.
• Revenue and profit show substantial improvement versus Q1 2025 and the prior quarter.
• Preferential allotment from May 2025 matured; some shares became freely tradable after January 2026 lock-in.
• Liquidity of dematerialised shares increased; expiry of the lock-in does not indicate new information.
• Promoters and management are not connected with or responsible for the price movement.
• Disclosures to the Stock Exchange concerning results were already made and are public.

Credit facilities renewal

• PNB approved renewal and enhancement of Apt Packaging's credit facilities via sanction letter dated 13 Aug 2026.
• Total sanctioned facilities increased to ₹546.99 lakh from ₹366.99 lakh, net uplift ₹180.00 lakh.
• Cash Credit facility raised to ₹500.00 lakh from ₹195.00 lakh.
• Non-Fund Based facilities reduced from ₹125.00 lakh to nil.
• GECL I & II unchanged at ₹46.99 lakh.
• Disbursement subject to pre-disbursement conditions and bank discretion; not yet funds received.
• Interest rate for Cash Credit fixed at 8.70% p.a. per sanction letter.
• Security includes hypothecation of current assets and collateral as specified.
• Sanction date: 13 August 2026; facility for general business and working capital requirements.
• Total fund-based facilities rise to ₹546.99 lakh; overall facilities match working capital needs.

Board update

• Board approved unaudited standalone results for quarter ended 30 June 2026; Limited Review Report attached.
• Annexure A contains the unaudited results; Annexures B-D are Not Applicable.
• Board meeting held from 4:00 PM to 4:45 PM.

Dematerialisation processing and listing

• Dematerialisation requests processed; securities confirmed to depositories for the quarter.
• Dematerialised securities listed on stock exchanges where listed.
• Physical certificates mutilated and cancelled after verification; depository name substituted as registered owner.

Meeting Details

• Meeting date: 27 July 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve Standalone Unaudited Financial Results for quarter ended 30 June 2026.
• Approve draft Notice, Directors Report, Corporate Governance Report, and Secretarial Audit Report for FY 2025-26.
• Fix AGM date and Book Closure Date.

Other Notes

• Trading window closed from 1 July 2026; reopens 48 hours after results declaration.