Mold-Tek Packaging Limited Rights Issue (Mold-Tek Packaging Rights Issue) Detail

Incorporated in 1986, Mold Tek Packaging Limited (MTPL)was originally known as Tresure Paks Private Limited. With over 34 years of experience, MTPL is a Market Leader with a 22% lions share in rigid plastic packaging manufacturing. MTPL is engaged in the manufacturing of injection molding containers for paints, lubes, oils, food, FMCG, and other sectors including cosmetics and pharmaceuticals. The company has introduced certain world-class products in India through continuous innovation. MTPL has eight manufacturing units, four at Telangana and one each at Maharashtra, Daman, Karnataka, and Andhra Pradesh, and three stock points spread across the country to ensure faster supplies. MTPL applies globally used modern and premium decorations techniques to decorate its products using screen printing, heat transfer labeling technique, and In-Mold Labelling. MTPL mainly caters to three business segments viz (i) paint (ii) oil and lubricant, (iii) food, and FMCG. The company develops, designs, and manufactures products in different shapes and sizes as per customer requirements. Company Strengths: � In-House Manufacturing capability with state of the art technology. � World-class integrated facility right from product inception to Mold designing, processing, and decorating the products. � Widespread sales and distribution centers. Company Strategies: � Continued focus on innovation and research to develop new products. � Focus on cost reduction and improving cost-efficiency. � Increasing contribution from food, FMCG industry, and IML products.