Apt Packaging Ltd said in a BSE filing on August 17, 2026, that Punjab National Bank has sanctioned the renewal-cum-enhancement of its existing credit facilities. The Apt Packaging credit facilities have been revised to ₹546.99 lakh from ₹366.99 lakh.

The revision represents a net enhancement of ₹180 lakh. PNB issued the sanction letter on August 13, 2026, according to the company’s disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Apt Packaging, whose shares are listed on BSE under scrip code 506979, said the revised facilities are intended to support its general business and working-capital requirements.

Cash credit limit revised to ₹500 lakh

The composition of the sanctioned facilities has also changed. The cash credit facility has been enhanced by ₹305 lakh, while the existing non-fund-based facility has been reduced to nil.

Facility Existing Revised or approved
Cash Credit ₹195 lakh ₹500 lakh
GECL I & II ₹46.99 lakh ₹46.99 lakh
Total Fund Based ₹241.99 lakh ₹546.99 lakh
Non-Fund Based ₹125 lakh Nil
Total Facilities ₹366.99 lakh ₹546.99 lakh

The company said the cash credit facility is proposed to be used for general business and working-capital needs. The GECL I and II component remains unchanged at ₹46.99 lakh.

Disbursement remains subject to bank conditions

Apt Packaging clarified that the sanctioned facilities have not been treated as funds received by the company. Any disbursement or utilisation will depend on the fulfilment of applicable pre-disbursement conditions and PNB’s discretion.

  • The facilities are secured through hypothecation of current assets and collateral security specified in the sanction letter.
  • The tenure will be governed by the sanction terms.
  • The interest rate is linked to the applicable RLLR, with the sanction letter specifying an effective rate of 8.70% for cash credit.

The company said the facility is expected to support its working-capital and business requirements and strengthen its financial resources. All sanctioned limits remain subject to the terms and conditions stipulated by Punjab National Bank.

Source: BSE corporate announcement.