Abril Paper Tech: Deviation in IPO Fund Utilization Reported

Abril Paper Tech Ltd has submitted a statement detailing deviations and variations in the utilization of funds raised through its Initial Public Offering (IPO). The report, as of September 30, 2026, addresses the use of funds raised via the public issue, which had its allotment on September 3, 2025. The company is required to report such deviations as per Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing indicates that the funds were raised through an Initial Public Offer (IPO) with an original object of capital expenditure for purchasing equipment like a Sublimation paper Coating Machine, with freight. The statement also includes details on amounts kept in fixed deposits and balances in banks, alongside the original and utilized amounts for the stated objects.