BSECompany Update1d ago · 23 Sept 2026, 10:15 pm
Credit Rating
Mold-Tek Packaging Ltd · 533080
✦ AI SummaryRating Change
Mold-Tek Packaging Ltd has received a credit rating of A+(Positive) from ICRA Limited for its long-term fund-based cash credit, term loan, and unallocated limits, and A1 for its short-term non-fund-based limits.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Mold-Tek Packaging Ltd - 533080 - Announcement under Regulation 30 (LODR)-Credit Rating
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MTPL/SECT/39/2026-27 Date: September 23, 2026
To To
The Secretary, The Manager,
Listing Department, Listing Department,
BSE Limited, National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1,
Dalal Street, G Block, Bandra Kurla Complex,
Fort, Mumbai-400001. Bandra (E), Mumbai-400051.
Scrip Code: 533080 Symbol: MOLDTKPAC
Dear Sir/Madam,
Sub: Intimation regarding Credit Rating under Regulation 30 of SEBI (LODR) Regulations, 2015.
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that ICRA
Limited vide its letter with ref. no. ICRA/MOLD-TEK Packaging Limited /23092026/1 dated September 23, 2026, has informed the
company that as per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken
the following rating actions for the mentioned instruments of the company:
Instrument Rated Amount (Rs. crore) Rating Action
Long-term – Fund-Based – 120.00 [ICRA] A+(Positive); reaffirmed
Cash Credit
Long-term – Fund-Based – 101.25 [ICRA] A+(Positive); reaffirmed
Term Loan
Long-term – Unallocated Limits 6.75 [ICRA] A+(Positive); reaffirmed
Short-term – Non-Fund Based Limits 12.00 [ICRA] A1; reaffirmed
Total 240.00
The letter received from ICRA Limited is enclosed herewith.
The above information will also be available on the website of the Company at
https://www.moldtekpackaging.com/investors.html.
This is for your kind information and records.
Thanking you,
Yours faithfully,
For Mold-Tek Packaging Limited
Harshita Suresh Chandnani
Company Secretary and Compliance Officer
Encl: As above
Registered and Corporate Office:
8-2-293/82/A/700, Road No.36, Jubilee Hills, Hyderabad – 500033, Telangana, India
Phone: +91-40-40300300, E-mail Id: cs@moldtekpackaging.com / ir@moldtekpackaging.com,
Website: www.moldtekpackaging.com, CIN No.: L21022TG1997PLC026542
ICRA/ MOLD-TEK Packaging Limited /23092026/1
Date: September 23, 2026
Mr. Laxman J Rao
Managing Director
MOLD-TEK Packaging Limited
Plot #700, Road No 36
Jubilee Hills, Hyderabad – 500 033
Dear Sir,
Re: ICRA’s Credit Rating for below mentioned Instruments of MOLD-TEK Packaging Limited
As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating
actions for the mentioned instruments of your company.
Rated Amount Financial Sector
Instrument Rating Action1
(Rs. crore) Regulator#
Long-term – Fund-Based – Cash Credit 120.00 [ICRA]A+(Positive); reaffirmed RBI
Long-term – Fund-Based – Term Loan 101.25 [ICRA]A+(Positive); reaffirmed RBI
Long-term – Unallocated Limits 6.75 [ICRA]A+(Positive); reaffirmed RBI
Short-term – Non-Fund Based Limits 12.00 [ICRA]A1; reaffirmed RBI
Total 240.00
#SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for activities and
instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI.
The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA
reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the
required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore,
request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or
size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of
the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur
after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review,
following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-
all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under
the said Rating Agreement.
The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation
to buy, sell, or hold the rated instrument availed/issued by your company.
1 Complete definitions of the ratings assigned are available at www.icra.in.
ICRA Limited
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41
Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002
www.icra.in info@icraindia.com +91-93547-38909
+0124-4545300 CIN: L74999DL1991PLC042749
Sensitivity Label : Restricted
You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the
instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may
have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or
postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of
any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority
from raising funds through issuance of debt securities through electronic bidding system. Further, you are requested to inform us
immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is
exceeded.
We look forward to your communication and assure you of our best services.
With kind regards,
Yours sincerely,
For ICRA Limited
Srikumar Krishnamurthy
Senior Vice President and Co-Group Head
ksrikumar@icraindia.com
ICRA Limited
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41
Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002
www.icra.in info@icraindia.com +91-93547-38909
+0124-4545300 CIN: L74999DL1991PLC042749
Sensitivity Label : Restricted
Annexure
Details of Bank Limits Rated by ICRA
Amount (Rs. crore) Rating Rating Assigned On
(Rated on Long-Term Scale)
Cash Credit Limits
HSBC Limited 40.00
Citibank N.A. 55.00
ICICI Bank Limited 25.00
Sub-total (A) 120.00
[ICRA]A+(Positive) September 11, 2026
Term Loans
Citibank N.A. 101.25
Sub-total (A) 101.25
Unallocated Limits
Not Applicable 6.75
Total 228.00
Details of Bank Limits Rated by ICRA
Amount (Rs. crore) Rating Rating Assigned On
(Rated on Short-Term Scale)
Bank Guarantee Limits
Citibank N.A. 10.00 [ICRA]A1 September 11, 2026
ICICI Bank Limited 2.00
Total 12.00
Sensitivity Label : Restricted