AGI Greenpac Limited has submitted its quarterly dematerialization compliance certificate to regulatory authorities for the quarter ended 31.03.2026. The certificate, filed under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, demonstrates the company's adherence to securities handling requirements.

Quarterly Compliance Details

The certificate covers the period from 01.01.2026 to 31.03.2026 and confirms that all required details of securities dematerialized during this quarter have been furnished to both NSDL and CDSL, as well as to all stock exchanges where the company's shares are listed.

Securities Handling Confirmation

The company confirmed that securities received for dematerialization have been properly destroyed, mutilated, and cancelled after the transfer of shares in dematerialized form. This confirmation was provided by the company's Registrar and Transfer Agent (RTA) through their letter dated 02.04.2026.

Additionally, the certificate states that no securities of the company were rematerialized during the specified period, maintaining full compliance with dematerialization requirements.

Registrar Confirmation

Maheshwari Datamatics Pvt. Ltd., serving as the company's registrar, provided separate confirmation of compliance. The registrar verified that:

• Demat Transfer Register for the period was sent to depositories and stock exchanges
• All securities received from Depository Participants were destroyed/mutilated/cancelled within stipulated time
• Proper documentation and reporting procedures were followed

Regulatory Communication

The certificate was formally communicated to National Securities Depository Limited (NSDL) and Central Depository Services (India) Ltd. (CDSL). Copies were also sent to BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed under scrip code 500187 and symbol AGI respectively.

Company Secretary and Compliance Officer Ompal signed the certificate digitally on 8th April, 2026, ensuring proper authorization and documentation of the compliance filing.

AGI Greenpac Limited has received a significant credit rating upgrade from CARE Ratings Limited, with its long-term bank facilities upgraded to CARE AA- from CARE A+. The rating agency also removed the company from Rating Watch with Developing Implications, reflecting improved confidence in the company's credit profile.

Major Rating Upgrade Announced

CARE Ratings has upgraded AGI Greenpac's credit ratings following a comprehensive review based on operational and financial performance for FY24 (Audited) and 9MFY25 (Un-Audited). The upgrade comes despite the Supreme Court ruling against the company's resolution plan for Hindusthan National Glass & Industries Limited.

The total facilities under review amount to ₹1,234.00 crore, comprising various banking arrangements across multiple financial institutions.

Comprehensive Facility Structure

The company's banking facilities are strategically distributed across several leading financial institutions. The long-term facilities of ₹954.00 crore include term loans of ₹504.00 crore and fund-based limits of ₹450.00 crore.

Term Loan Distribution

Fund-Based Limits Allocation

The fund-based facilities are spread across seven banking partners, with Canara Bank providing the largest facility of ₹138.00 crore, followed by HDFC Bank Ltd. at ₹75.00 crore.

Short-Term Banking Arrangements

The short-term facilities of ₹280.00 crore consist entirely of non-fund based limits distributed among seven banking partners. Canara Bank leads with ₹76.00 crore, followed by HDFC Bank Ltd. with ₹69.00 crore.

Rating Implications and Outlook

The upgrade to CARE AA- rating with Stable outlook for long-term facilities reflects significantly improved creditworthiness and financial stability. The CARE A1+ rating for short-term facilities indicates superior capacity for timely payment of short-term obligations. CARE Ratings reserves the right to undertake surveillance and review of the ratings from time to time, with at least one review annually based on circumstances warranting such assessment.