Apt Packaging Ltd — Updates, 03-08-2025: Company Update
03-08-2025 | 05:56 pm
03-08-2025 | 05:56 pm
APT Packaging has submitted previously omitted annexures from its August 1 board meeting. The company reported a net profit of Rs. 0.98 Lakh for the quarter. Auditors noted unprovided GST liability of Rs. 20.70 Lakh and doubtful debts of Rs. 11.45 Lakh, with management having plans to address these. Funds amounting to Rs. 19.65 crore from the preferential issue in May 2025 have been utilized as planned, primarily for debt repayment and working capital. The company has also appointed Mr. Suyog Machhar as an Additional Director (promoter category) and Mr. Vikas Tapdiya as an Additional Independent Director, effective August 1, 2025, bolstering the board's expertise.
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