Mold-Tek Packaging Limited announced that the Commercial Production/Commercial Operations at the Company's new unit situated at Sy. No.G40/2, G41 &G42/1, Main Road, TSIIC Sultanpur, Sultanpur Village, Hyderabad, Sangareddy District, Telangana-502319, India, has commenced with effect from the March, 2023. Existing capacity: 45,290 MTA.

Existing capacity utilization: 70% Approx. of Existing Capacity. Proposed capacity addition: 2,000 MTA in phase I. Period within which the proposed capacity is to be added: Over next 3 to 5 months.

Investment: 400 million untill date. Mode of financing: Out of internally generated funds. Rationale: To meet the increased Demand In Food and FMCG segments and later pharma packaging.