AGINSEAGI Greenpac LimitedHighNegative
Announced Thu, 7 Aug · 20:09 IST

AGI Greenpac Limited has informed the Exchange that Mr. Nitesh Raj-Vice President, will be transitioning to a different role within the Somay Impressa Group. Consequently, he has resigned as Vice President of the Company, effective August 11, 2025, and will cease to be a Senior Management Personnel of the Company from the same date.

Kmp ResignedManagement Changes View source PDF

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AI summary

Mr. Nitesh Raj, Vice President of AGI Greenpac Limited, has resigned effective August 11, 2025, to take up a new role within another company of the Somany Impressa Group. He will also cease to be a Senior Management Personnel of the company from the same date. The resignation was disclosed under SEBI's Listing Regulations, with the resignation letter attached as Annexure B. This is an internal group-level transfer rather than a complete exit from the broader Somany Impressa Group ecosystem.

Likely market impact

This is a routine senior management change with limited expected impact on the business, as the executive is moving internally within the group. Shareholders should watch for any subsequent announcement regarding the appointment of a new Vice President.