Rex Sealing and Packing Industries Ltd. Affirms Zero Defaults on Bank Loans and Debts

Rex Sealing and Packing Industries Ltd. Affirms Zero Defaults on Bank Loans and Debts​

Rex Sealing and Packing Industries Ltd. has confirmed that the company holds no defaults regarding interest payments or principal repayment on loans sourced from banks and financial institutions. The confirmation covers all major debt obligations.

The company reported that there are also no instances of default concerning unlisted debt securities.

This statement addresses the status of the entity’s borrowing relationships with financial institutions and creditors, ensuring clarity regarding its current debt standing in the market.

Stock Price Movement​

Rex Sealing and Packing Industries Ltd closed at ₹145.00 on Friday, recording a neutral change after the trading session. The shares experienced significant intraday movement, ranging between a low of ₹135.00 and a high of ₹149.95.

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