Apt Packaging Ltd — Others, 02-08-2025: Others
02-08-2025 | 12:49 pm
02-08-2025 | 12:49 pm
APT Packaging's board approved the financial results for the quarter ended June, reporting a net profit of 0.0098 Cr. Auditors highlighted unprovided GST liability of 0.207 Cr (under appeal) and 0.1145 Cr in doubtful debts, which management is addressing. The company also appointed Mr. Suyog Machhar (Promoter) and Mr. Vikas Tapdiya (Independent, a Chartered Accountant) as Additional Directors, pending shareholder approval. This follows a significant capital raise of 10.65 Cr through a preferential share allotment, strengthening the company's financial position.
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