AGI Greenpac Limited announced its unaudited financial results for the third quarter ended 31st December 2025, alongside several strategic business decisions approved by the Board of Directors on 28th January 2026. The packaging solutions company reported steady operational performance while expanding its business horizons through diversification and leadership strengthening initiatives.

Financial Performance Q3FY26

The company delivered consistent financial results during the quarter, maintaining its position in the packaging industry. The consolidated and standalone financial metrics showed the company's operational stability across its business segments.

For the nine months period ended 31st December 2025, the company reported consolidated revenue from operations of ₹1,922.93 crore compared to ₹1,823.99 crore in the corresponding period of the previous year, representing growth of 5.4%. Net profit for the nine-month period stood at ₹236.28 crore versus ₹225.81 crore in the previous year.

Segment-wise Performance

The company's business segments showed varied performance during the quarter. Packaging products remained the primary revenue driver, while investment property contributed to the overall income stream.

Strategic Business Expansion

The Board approved the company's diversification into retail business segment, marking a significant strategic shift. This expansion will focus on homecare, personal care, kitchenware and tableware business areas. The company plans to implement a completely outsourced model, requiring no major capital investment while providing increased usage opportunities for glass products and offering comprehensive solutions to container glass customers.

To facilitate this business expansion, the Board approved alteration in the main object clause of the Memorandum of Association by inserting a new clause 7G. This amendment will allow the company to engage in manufacturing, wholesaling, retailing, importing, exporting, and distributing personal care products, home care products, and kitchenware and tableware products.

Leadership Appointments

The company strengthened its management team with two key appointments to senior management positions:

Dushyant Kumar brings extensive experience from his previous role as Operations Director at Can-Pack India Pvt. Ltd., along with international market exposure in India and South Africa. Chandan Kumar Jha, a Delhi University graduate and PGDM gold medalist from IILM-GSM, has held leadership roles at prominent companies including Manjushree Technopack Limited and Holostik India Limited.

Investment Update

The Board revised its investment strategy in Madoverbuilding AI Private Limited (MOB AI), approving acquisition of 19.75% stake instead of the previously announced 25%. The total investment amount remains approximately ₹4.45 crore across two tranches, with Tranche 1 of ₹2.99 crore already completed on 30th May 2025. Tranche 2 investment of up to ₹1.45 crore is expected to be completed within four months from 28th January 2026.

MOB AI operates in the e-commerce marketplace and B2B online platform space, with reported turnover of ₹3.25 crore for FY 2024-25. The investment aligns with the company's strategy to gain equity stakes in innovative ventures that complement its core operations.

AGI Greenpac Limited , a prominent player in the packaging industry, has received overwhelming shareholder approval for two significant corporate actions through a postal ballot process. The company's strategic moves aim to strengthen its financial position and expand its business scope.

Fund Raising Approval

Shareholders have given their nod to raise funds up to Rs 1,500 crore through the issuance of securities. This special resolution garnered strong support, with 99.24% of the votes cast in favor of the proposal.

Alteration of Object Clause

In addition to the fund-raising approval, shareholders also passed a special resolution to alter the object clause of the company's Memorandum of Association. This resolution received near-unanimous support, with 100% of the votes cast in favor.

Voting Details

The postal ballot process, conducted through remote e-voting, saw participation from 286 shareholders holding 4,27,94,949 equity shares. Here's a breakdown of the voting results:

Voting Process

The e-voting period commenced on October 8 and concluded on November 6. Mr. Pravin Kumar Drolia, a practicing Company Secretary, served as the scrutinizer for the postal ballot process, ensuring its fairness and transparency.

Management's Responsibility

The management of AGI Greenpac Limited was responsible for ensuring compliance with the requirements of the Companies Act, 2013, MCA Circulars, and SEBI regulations related to the postal ballot process.

These approvals pave the way for AGI Greenpac to potentially strengthen its financial position and explore new business opportunities, subject to necessary regulatory approvals and market conditions.