Cosmo Film’s long-term credit rating upgraded to AA-

By 07 Jun 2021

Cosmo Films, a global leader in films for packaging, labelling, lamination, and synthetic paper and an emerging player in specialty chemicals, polymers and petcare has declared an upgrade in long-term credit rating to AA- and short-term credit rating to A1+ from CRISIL with a stable outlook.

The Cosmo Films production facility in Shendra, Aurangabad

Pankaj Poddar, CEO, Cosmo Films, said, “The upgrade in credit rating reflects a healthy business profile supported by a strong market position across various flexible packaging segments, specifically specialty films growth, improved operating efficiency, and a strong financial profile.

Established in 1981 and founded by Ashok Jaipuria, Cosmo Films today is a global leader in specialty films for packaging, lamination, labelling and synthetic paper. With engineering of innovative products and sustainability solutions, Cosmo Films over the years has been partnering with worlds’ leading F&B and personal care brands and packaging and printing converters to enhance the end consumer experience. Its customer base is spread in more than 100 countries with sales and manufacturing units in India and Korea and additionally sales and distribution base in Japan, USA, Canada and Europe.

Tags: Cosmo Films

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