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AGI GREENPAC
CCI rejects AGI Greenpac plea on INSCO green channel nod for HNG dealThe Competition Commission of India has once again rejected AGI Greenpac's challenge. The regulator upheld the green channel approval for I...- Ahead of Market: 10 things that will decide stock market action on WednesdayNifty 50 and BSE Sensex declined amid selling in banking, auto and IT stocks. Markets remain range-bound, awaiting triggers, with analysts ...
- INSCO pays creditors ₹1,851 crore to complete Hindusthan National Glass buyINSCO, part of Uganda's Madhvani Group, has finalized its acquisition of HNG, India's largest glass bottle maker. This concludes a lengthy ...
- NCLT approves INSCO's Rs 2,250 crore resolution plan for Hindustan National GlassThe National Company Law Tribunal approved Independent Sugar Corporation Ltd's Rs 2,250 crore resolution plan for Hindustan National Glass ...
- NCLAT clears path for Hindusthan National Glass bids, rejects RP ousterNCLAT has overturned NCLT's decision to replace Hindusthan National Glass Industries' resolution professional, instructing NCLT to reconsid...
- INSCO submits Rs 2,752 crore revised resolution plan for HNGIL take overIndependent Sugar Corporation (INSCO) has presented a revised Rs 2,752 crore resolution plan to acquire Hindusthan National Glass & Industr...
- INSCO to submit improved resolution plan for Hindusthan National GlassIndependent Sugar Corp (INSCO), the approved bidder, will present an enhanced resolution plan of ₹356 crore for Hindusthan National Glass t...
- AGI Greenpac flags flawed CCI nod to INSCO’s Rs 2,800 crore HNG takeoverAGI Greenpac has challenged the approval of Independent Sugar Corp's takeover of Hindusthan National Glass. AGI claims the approval by the ...
- Hindusthan National Glass lenders to recover more as INSCO to match AGI Greenpac bidThe Supreme Court's decision in the Hindusthan National Glass insolvency case has increased the payout for creditors. Independent Sugar Cor...
- Lenders issue LoI to INSCO after SC order in Hindusthan National Glass caseState Bank of India has approved INSCO's takeover of Hindusthan National Glass after AGI Greenpac failed to get CCI approval. INSCO has unt...
- INSCO urges CoC to fast track bid for HNG after Supreme Court nullifies AGI Greenpac's resolution planINSCO has urged the Committee of Creditors to expedite their bid for Hindustan National Glass following the Supreme Court's nullification o...
- SC sets aside AGI Greenpac’s resolution plan for debt-ridden Hindustan National GlassThe Supreme Court nullified AGI Greenpac Ltd's resolution plan for acquiring Hindustan National Glass due to lack of prior approval from th...
- SBI fails to draw buyers for Hindusthan National Glass' Rs 1,703-cr bad debtThe bank had set a Rs 821 crore reserve price on the HNGIL debt, implying a 48% recovery on the total outstanding amount. Nearly half a doz...
- CCI gives clean chit to INSCO in Hindustan National Glass caseCCI has now given a clean chit to INSCO on February 13 through an order dated February 6, 2024, dismissing the allegations leveled by AGI G...
- Kotak-backed Phoenix ARC, Edelweiss keen to acquire SBI loan to HNGKotak Mahindra Bank-backed Phoenix ARC and Edelweiss Asset Reconstruction Company are interested in acquiring State Bank of India's loan to...
- SBI taps ARCs for sale of Hindusthan National Glass loanLenders had voted for a plan given by AGI Greenpac in October 2022, but due to a series of litigations, the plan is yet to be approved by t...
- After strong Q2 show, AGI Greenpac to acquire HNG; stock rallies 6%The company, in a separate exchange filing, announced its resolution to acquire Hindusthan National Glass & Industries. The Insolvency and ...
- Hindusthan National Glass lenders vote in favour AGI Greenpac resolution planNearly 98% of lenders by value voted in favour of the plan presented by AGI Greenpac, earlier known as HSIL Ltd, while 88% of lenders voted...
- AGI Greenpac tops with Rs 2000 cr offer for Hindusthan GlassMadhvani Group had emerged as the highest bidder in the first and the second round offering ₹1,800 crore and ₹1,850 crore, respectively, th...
- Nirma makes ₹1,650-crore offer for Hindusthan National GlassAfrica-based bottle maker Madhvani Group and AGI Greenpac, known as makers of Hindware products, also submitted separate resolution plans f...
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