ALPHA TRIBE

SMVD Poly Pack LimitedImportant, 07-07-2025: Disclosure of material issue

07-07-2025 | 07:28 pm

SMVD Poly Pack Ltd has announced a settlement with its creditor UMA Plastics Ltd, paying approximately Rs. 3.07 Cr to clear all dues. This settlement will result in an expected income impact of around Rs. 0.99 Cr in the company’s books. The payment has already been made, indicating SMVD’s efforts to resolve its creditor liabilities and improve financial clarity. This move could help in strengthening supplier relationships and easing working capital pressures.

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