AGI Greenpac Board Approves Unaudited Q3 Results, Key Appointments, and Diversification

AGI Greenpac’s board has approved the unaudited standalone and consolidated financial results for Q3 2025. Key decisions include the appointments of Mr. Dushyant Kumar as COO for the CAN Business Division and Mr. Chandan Kumar Jha as CEO of the Plastek Division. The company is also diversifying into the retail business segment and altering its Memorandum of Association.

Financial Performance Highlights

AGI Greenpac has announced its unaudited financial results for the third quarter (Q3) of FY26, ending December 31, 2025. The results reflect the company’s performance across its various segments, duly recommended by the Audit Committee.

Key Financials (Consolidated):

  • Revenue from operations: ₹633.69 crore
  • Total Income: ₹637.30 crore
  • Profit before tax: ₹94.46 crore
  • Profit for the period: ₹71.45 crore

Leadership Appointments

The Board has approved the appointment of Mr. Dushyant Kumar as Chief Operating Officer (COO) for the CAN Business Division, effective February 1, 2026. He brings over 35 years of experience in CAN manufacturing and industrial operations.

Additionally, Mr. Chandan Kumar Jha has been appointed as Chief Executive Officer of the Plastek Division, effective January 29, 2026. Mr. Jha has 15+ years of experience in the printing and packaging industry.

Strategic Diversification

AGI Greenpac is expanding into the retail business segment, focusing on home care, personal care, kitchenware, and tableware. This diversification will be implemented through an outsourced model, minimizing major investments.

Memorandum of Association Update

The Board has approved altering the Memorandum of Association to include retail trade business in home care, personal care, kitchenware and tableware products.

Investment Update: Madoverbuilding AI

The Board has approved the acquisition of 19.75% of the paid-up share capital of Madoverbuilding AI (MOB AI), instead of the previously planned 25%. Tranche 1 has been executed and Tranche 2 is expected within 4 months from January 28, 2026.

Source: BSE

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