AGI Greenpac Limited has informed the Exchange regarding recommendation for the appointment of Mr. Sushil Kumar Roongta (DIN: 00309302), aged 75 years, as a Non‑Executive Independent Director of the Company for a term of five consecutive years commencing from 1 July 2026, for approval of the Members of the Company.
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AGI Greenpac reported audited consolidated FY26 revenue of Rs. 2,665.32 crores, up 5.4% from Rs. 2,528.82 crores last year, with profit after tax rising 9.1% to Rs. 351.66 crores from Rs. 322.42 crores. Q4 FY26 revenue grew to Rs. 742.39 crores and PAT jumped about 19% to Rs. 115.38 crores. EBITDA for the full year was nearly flat at Rs. 689.87 crores, with EPS at Rs. 54.35 versus Rs. 49.83. The board recommended a final dividend of Rs. 7 per share (350%) on a Rs. 2 face value, up from Rs. 5 last year, pending shareholder approval at the 66th AGM on 22 September 2026. The board also appointed Mr. Ram Babu Kabra as a non-executive non-independent director, recommended Mr. Sushil Kumar Roongta (75) as a non-executive independent director for 5 years from 1 July 2026, and re-appointed Mr. Sandip Somany as Chairman and Managing Director for another 5 years from 1 December 2026. Lodha & Co LLP issued an unmodified auditor's opinion, and Protiviti India was appointed as internal auditor for FY27.
Higher dividend and steady profit growth signal continued cash generation, which should be positive for shareholders. The board continuity and addition of a senior independent director (Roongta) reinforce governance, while the 40% hike in dividend payout is a clear positive for retail investors.