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BWR reaffirms Uflex’s proposed NCD at ‘A+’

26 Feb 2021 Evaluate

Credit rating agency -- Brickwork Ratings (BWR) has reaffirmed the rating of the Uflex’s proposed Non Convertible Debentures (NCD) issue of Rs 400 crore at ‘A+’ (Stable).

Uflex is India’s largest multinational flexible packaging materials and Solution Company and an emerging global player. Since its inception back in 1985, Uflex has grown from strength to strength to evolve as a truly Indian Multinational with consumers spread across the world.

Peers
Company Name CMP
Uflex 652.30
EPL 231.20
AGI Greenpac 733.90
Huhtamaki India 243.40
TCPL Packaging 3865.85
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