The Andhra Pradesh Paper Mills Limited announced that the Board of Directors of the company approved the change of a current Financial Year from January 01, 2012 to December 31, 2012 to 15 month period from January 01, 2012 to March 31, 2013 (both days Inclusive) and subsequent Financial Years to a period of 12 months beginning from April 01 to March 31 in each year.