Apt Packaging MD, chairman, board of directors and AGM
BSE: 506979Industrial ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹59.55.
- Next results date: the board meets on 31 Oct 2026 to consider: quarterly results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹68 Cr2,615th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 27 Jul 2026
- 19.7
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 29 Apr 2026
- 4.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record. The filing of 27 Jul 2026
- 20.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 27 Jul 2026
- 13.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 29 Apr 2026
- 0.39
- Volume, BSEVolume. Shares traded on the last trading day.
- 7,285
Apt Packaging board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorARVIND KRISHNAGOPAL MACHHARRelated to the promoter
- Company Secretary and Compliance OfficerJYOTI SURESH BAJPAI
6 directors3 independent2 executive1 non-executive
- ARVIND KRISHNAGOPAL MACHHAR · Chairperson and managing directorExecutive · joined Jun 1980 · 2 listed boards · 2 committee seats, 1 as chair
- SANDEEP BHAGWATIPRASAD MACHHARNon-executive · joined Jul 1994 · 2 listed boards · 2 committee seats, 1 as chair
- SUYOG SUNIL MACHHARExecutive · joined Aug 2025 · 1 listed board · 1 committee seat
- VIKAS GIRDHARILAL TAPDIYAIndependent · joined Aug 2025 · 9 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
- SIDHANT SHRIGOPAL SOMANIIndependent · joined Sep 2025 · 9 months as independent · 1 listed board · 1 as independent · 1 committee seat
- SOHAM DEEPAK KOTAKIndependent · joined Sep 2025 · 9 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- GHEVARCHAND MOTILAL BOTHARA, left 30 Sep 2025: Tenure Completion
- RUPALI ABHIJEET BOTHARA, left 21 Sep 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 28 Apr 20266 of 6 present3 independent · 90 days in between
- 27 Jan 20265 of 6 present2 independent
Audit Committee
Chair VIKAS GIRDHARILAL TAPDIYA
ARVIND KRISHNAGOPAL MACHHAR, SIDHANT SHRIGOPAL SOMANI, SOHAM DEEPAK KOTAK
- 25 Apr 20264 of 4 present3 independent · 91 days in between
- 23 Jan 20263 of 4 present2 independent
Nomination and remuneration committee
Chair VIKAS GIRDHARILAL TAPDIYA
SIDHANT SHRIGOPAL SOMANI, SOHAM DEEPAK KOTAK
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair SANDEEP BHAGWATIPRASAD MACHHAR
SIDHANT SHRIGOPAL SOMANI
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- GAUTAM N ASSOCIATESPeer-review certificate valid to Mar 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Apt Packaging AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Apt Packaging share news and announcements
Annual general meeting, 21 Sep 2026
10,473 shareholders on the register on 14 Sep 2026; present: 22 promoters and 37 others; votes counted by GANESH PALVE / GANESH PALVE AND ASSOCAITES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Balance Sheet as on 31st March 2026, Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and Auditor's Report and Board's Report thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 31.06% · promoters 61.91% · institutions 0.00% · other public 0.00%
- To ratify the appointment Statutory Auditors of the Company and fix their Remuneration.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 31.06% · promoters 61.91% · institutions 0.00% · other public 0.00%
- To re-appoint Mr. Sandeep Machhar (Din 00251892) who retires by rotation.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 31.06% · promoters 61.91% · institutions 0.00% · other public 0.00%
- To pass the related party transaction with M/s. Raila Industrial Corporation Limited (CIN U74140MH2019PTC331683) of Chhatrapati SambhajinagarSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 31.06% · promoters 61.91% · institutions 0.00% · other public 0.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeVAT DEPARTMENT HARIDWARSince 5 May 2026The Company is in the process of challenging the said order before the appropriate appellate authority, and the matter is currently under dispute.
At the filing before: Pursuant to the Order dated 05.05.2026 passed by the Commissioner, VAT Department, Haridwar (Reference Nos. 03-2526 and 02-2526), an additional tax liability of ₹14,19,,116/- has arisen for the FY 2026-17 due to an error in the previous order. Consequently, the VAT refund of ₹8,42,599 received in the previous year has also been treated as recoverable and demanded. Accordingly, the total demand, excluding applicable interest, amounts to ₹22,61,715. The matter is under dispute.MoreLess
- Tax disputeGST Department Chhatrapati sambhajinagarSince 17 Oct 2023The company is in process of payment of the said demand to GST autority
At the filing before: Pursuant to the Final Order dated 03.06.2026 passed by the GST Appellate Authority (Reference No. ZD270626015868W), the original demand has been substantially reduced, and a final demand of ₹64,569 has been confirmed. The Company has accepted the order and is in the process of remitting the demand amount. Upon payment, the matter will stand fully resolved.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Spent elsewhere, amount |
|---|---|---|---|---|---|---|
| Preferential IssuesMay 2025 | 19.65 | Finance working capital requirements of the Company | 2.00 | 1.10 | No | |
| Preferential IssuesMay 2025 | 19.65 | Repayment of Debts | 13.30 | 14.39 | No | 1.09 |
| Preferential IssuesMay 2025 | 19.65 | Expansion and Modernization | 3.50 | 3.50 | No | |
| Preferential IssuesMay 2025 | 19.65 | General Corporate purpose | 0.85 | 0.64 | No |