Machino Plastics News

Machino Plastics Credit Rating Downgraded to B/Stable

CRISIL downgrades Machino Plastics' rating to B/Stable (Issuer Not Cooperating) on Rs 172.30 crore facilities due to non-submission of No Default Statements for three consecutive months.

Machino Plastics Q3FY26 Loss Widens to ₹147.41 Lakhs

Machino Plastics reported a net loss of ₹147.41 lakhs in Q3FY26 versus profit of ₹153.92 lakhs in Q3FY25, despite revenue growth of 34.28% to ₹12,581.07 lakhs.

Machino Plastics Credit Rating Downgraded to BB+

CRISIL downgrades Machino Plastics' long-term rating to BB+/Stable from BBB-/Stable on Rs 172.3 crore facilities due to declining profitability and leveraged capital structure.

Machino Plastics Board Meet Set for Feb 6, 2026

Machino Plastics Limited has scheduled a board meeting on February 6, 2026, to consider and approve Q3FY26 unaudited financial results for the quarter ended December 31, 2025.

Machino Plastics Limited's Independent Woman Director Completes Five-Year Tenure

Ms. Anupam Gupta (DIN: 00335437) completed her five-year tenure as Independent Woman Director of Machino Plastics Limited on November 12, 2025. She was appointed on November 12, 2020, and ceased to be a director at the close of business hours on November 12, 2025. The Board acknowledged her dedicated efforts and commitment towards the company's growth and governance throughout her tenure, expressing gratitude for her valuable guidance and contributions made over the past 10 years. Ms. Gupta is 60 years old, born on March 19, 1965, and holds no shareholding in the company.