AGI Greenpac Limited — Important, 11-02-2025: General Updates

The company has filed a review petition with the Hon’ble Supreme Court concerning a recent judgment related to its proposed acquisition of Hindusthan National Glass & Industries Limited (HNGIL). This petition seeks to challenge aspects of the court's ruling from January 29, 2025.

In tandem, AGI Greenpac has submitted an interlocutory application to the National Company Law Tribunal (NCLT), requesting a restraint on the Committee of Creditors of HNGIL from taking any action until the review petition is resolved. This defensive move aims to mitigate potential operational disruptions that may arise during the ongoing resolution process. Investors should monitor these developments closely, as they could have significant implications for AGI Greenpac's strategic direction and overall market position.