AGI Greenpac Limited announced the outcome of its Board Meeting held on January 28, 2026. The Board approved the un-audited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025. Key appointments were also made: Mr. Dushyant Kumar was appointed as Chief Operating Officer (COO) of the CAN Business Division, effective February 1, 2026. Mr. Chandan Kumar Jha was appointed as Chief Executive Officer of the Plastek Division, effective January 29, 2026. Both have been designated as Senior Management Personnel. The company also approved diversification into the retail business segment, focusing on Homecare, Personal Care, Kitchenware, and Tableware. This will be an outsourced model, aiming to increase glass usage and provide full solutions to container glass customers. To facilitate this, the main object clause of the Memorandum of Association will be altered, and a postal ballot notice will be issued to seek shareholder approval. Furthermore, the Board approved an update on its investment in Madoverbuilding AI Private Limited (MOB AI). The company will now acquire 19.75% of MOB AI's paid-up share capital, a revision from the previously disclosed 25%, with the Tranche 2 investment expected within four months from January 28, 2026. The total consideration for both tranches is approximately ₹4.45 crore. The Board meeting commenced at 3:00 PM and concluded at 5:15 PM.
