AGI Greenpac Limited announced the reaffirmation of its credit ratings by CARE Ratings Limited based on performance up to 9MFY26. Long Term Bank Facilities for ₹934.00 Crore (down from ₹954.00 Crore) are rated CARE AA-; Stable, and Short Term Bank Facilities of ₹300.00 Crore (up from ₹280.00 Crore) are rated CARE A1+. The company requested shareholders to note the updated attachment for complete details of the rated facilities.
Credit Rating Update for Bank Facilities
AGI Greenpac Limited has formally communicated the review and reaffirmation of its credit ratings for existing bank facilities by CARE Ratings Limited. This assessment is based on the company’s operational and financial performance for FY25 (Audited) and the 9MFY26 (Unaudited) period.
Summary of Reaffirmed Ratings
The key ratings reaffirmed by the Rating Committee are summarized below:
- Long Term Bank Facilities: Rated CARE AA-; Stable. The total sanctioned amount is ₹934.00 Crore, reflecting a reduction from the previous ₹954.00 Crore.
- Short Term Bank Facilities: Rated CARE A1+. The total sanctioned amount is ₹300.00 Crore, reflecting an enhancement from the previous ₹280.00 Crore.
Details of Rated Facilities (Total Value: ₹1,234.00 Crore)
The total facilities reviewed comprise ₹934.00 Crore in Long Term Facilities and ₹300.00 Crore in Short Term Facilities.
Long Term Facilities Breakdown (₹934.00 Crore)
These facilities are split between Term Loans (₹384.00 Crore) and Fund Based Limits (₹550.00 Crore).
Key lenders for Long Term Facilities include HDFC Bank Ltd., Axis Bank Ltd., and Federal Bank for Term Loans, and Canara Bank, HDFC Bank Ltd., and Central Bank of India for Fund Based Limits.
Short Term Facilities Breakdown (₹300.00 Crore)
These facilities are entirely comprised of Non-Fund Based Limits. Major commitments are with HDFC Bank Ltd. (₹81.00 Crore), Canara Bank (₹76.00 Crore), and HSBC Ltd. (₹32.00 Crore).
The company acknowledges the updated attachment containing the full details of the facilities provided by CARE Ratings Limited and requests this information be taken on record.
Source: BSE
