Credit rating agency, CARE has revised rating assigned to Polyplex Corporation’s long term bank facilities from ‘A’ to ‘A+’ worth Rs 150 crore. The rating agency has also reaffirmed ‘A1’ rating assigned to short term bank facilities worth Rs 60 crore.
Polyplex Corporation is one of India’s leading manufacturers and exporters of Biaxially Oriented Polyester (BOPET) Film for packaging, electrical and other industrial applications. The product range of the company includes Plain Film (Untreated), Plain Film (Treated), Plain Film (Untreated and Hazy) and Metallised.
