ALPHA TRIBE

PG Foils LtdImportant, 11-06-2026: Company Update

11-06-2026 | 03:08 pm

PG Foils Limited's credit ratings for its bank facilities have been revised by CARE Ratings. The Long Term Bank Facilities, totaling 100 Cr, are now rated CARE BBB; Negative, a downgrade from CARE BBB+; Stable. Likewise, the Long Term / Short Term Bank Facilities, amounting to 95 Cr, have been lowered to CARE BBB; Negative / CARE A3+ from CARE BBB+; Stable / CARE A2+. This action stems from a review of the company's recent operational and financial performance. Shareholders should be aware of this updated credit profile.

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