AGI Greenpac Limited has notified shareholders of the record date and tax deduction procedures for its proposed final dividend of ₹7 per equity share for FY26. The company’s Board of Directors recommended the payout during its meeting on April 27, 2026, subject to approval at the upcoming Annual General Meeting.

Dividend Timeline and Eligibility

The 66th Annual General Meeting is scheduled for Tuesday, September 22, 2026, at 12:30 pm via video conferencing or other audio-visual means. To determine eligibility for the dividend payment, the register of members and share transfer books will remain closed from Wednesday, September 16, 2026, to Tuesday, September 22, 2026.

Shareholders whose names appear on the company’s register as of Tuesday, September 15, 2026, will be eligible for the dividend. This includes beneficial owners as per depository records from National Securities Depository Limited and Central Depository Services (India) Limited as of the close of business on that date.

Tax Deduction at Source Guidelines

Under the Income Tax Act, 2025, dividends are taxable in the hands of shareholders. The company will deduct tax at source (TDS) based on the shareholder’s status and documentation provided before the deadline.

Resident Shareholders

For resident individuals, no TDS applies if the aggregate dividend does not exceed ₹10,000 in the tax year. For amounts exceeding this threshold, a standard rate of 10% applies if a valid PAN is linked. Failure to provide a valid PAN or link Aadhaar results in a higher deduction rate of 20%.

Specific exemptions apply to certain entities:

• Mutual funds specified under Section 393(5) face nil TDS upon self-declaration.
• Insurance companies exempt under Section 393(4) also face nil TDS with proper documentation.
• Alternative Investment Funds established in India qualify for nil TDS with SEBI registration proof.

Non-Resident Shareholders

Non-resident shareholders generally face a TDS rate of 20%, plus applicable surcharge and cess. Foreign Institutional Investors and Foreign Portfolio Investors are subject to the same standard rate unless they claim benefits under Double Tax Avoidance Agreements.

To avail DTAA benefits, non-residents must submit:

• Self-attested PAN card or relevant identification details
• Tax Residency Certificate for April 2026 to March 2027
• Electronically generated Form 41
• Self-declaration meeting DTAA eligibility requirements

KYC and Documentation Deadline

All shareholders must update their Know Your Customer details and submit necessary tax exemption documents by Tuesday, September 15, 2026, at 11:59 pm. Physical shareholders must coordinate with the Registrar and Transfer Agent, Maheshwari Datamatics Pvt. Ltd., while demat holders should update records with their depository participants.

Documents required include Form 121 for resident individuals claiming exemption, Form 41 for non-residents, and valid PAN cards. The company reserves the right to reject incomplete submissions. Any tax deducted at a higher rate due to insufficient documentation can be claimed as a refund by filing income tax returns, but no claims will lie against the company for such deductions.

AGI Greenpac filed its Business Responsibility and Sustainability Report (BRSR) for FY26 on August 31, 2026. The packaging solutions provider outlined its environmental performance, including a long-term commitment to achieving net-zero emissions by 2050.

The report covers the company's standalone operations, which generated a turnover of ₹2,648.01 crore during the financial year. AGI Greenpac reported recycling over 3 lakh tonnes of cullet and maintaining a zero-liquid discharge mechanism across all manufacturing facilities.

Environmental Performance

AGI Greenpac's total energy consumption rose to 41,00,672 GJ in FY26 from 38,78,562 GJ in FY25. Renewable energy sources contributed 1,68,717 GJ, up from 1,53,554 GJ the previous year. Energy intensity per million rupees of turnover remained stable at 153.85 against 153.37 in FY25.

Greenhouse gas emissions showed an increase in absolute terms. Total Scope 1 emissions reached 3,17,931 metric tonnes of CO2 equivalent, compared to 2,98,651 metric tonnes in FY25. Scope 2 emissions stood at 1,71,938 metric tonnes, up from 1,60,620 metric tonnes. However, emission intensity per million rupees of turnover was 18.37, marginally higher than 18.16 in the prior year.

Water and Waste Management

The company reduced total water withdrawal to 2,22,146 kilolitres from 2,46,754 kilolitres in FY25. Groundwater withdrawal declined to 1,05,009 kilolitres from 1,22,665 kilolitres. AGI Greenpac maintains a Zero Liquid Discharge (ZLD) system, treating effluent water through ultra-filtration and reverse osmosis for reuse in cooling towers and other processes.

Waste generation increased to 3,017 MT from 2,542 MT in FY25. Despite the rise in total waste, the company achieved 100% recovery through recycling and reuse operations, with zero waste sent to landfills or incineration.

Workforce and Social Impact

AGI Greenpac employed 895 permanent employees and engaged 3,824 workers at the end of FY26. The workforce includes 34 female employees (3.78%) and 881 female workers (23.04%). The company reported no fatalities or lost-time injuries among employees or workers during the year.

Corporate social responsibility spending focused on education, healthcare, and livelihood support. Key initiatives included farmer income generation projects benefiting 554 families and school infrastructure development supporting over 1,800 students.

What the Numbers Show

While total greenhouse gas emissions increased by approximately 6.4% in Scope 1 and 7.0% in Scope 2, emission intensity per unit of physical output remained flat at 0.74 metric tonnes of CO2e/MT. This divergence suggests that production volume growth likely drove the absolute rise in emissions, rather than a decline in process efficiency.