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AGI Greenpac Challenges Rs.40.61 Crore Power Demand in Supreme Court

Story Highlights
  • AGI Greenpac Limited is a key player in the packaging industry, offering glass and plastic solutions.
  • The company disputes a Rs.40.61 Crore power demand notice and has taken the matter to the Supreme Court.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AGI Greenpac Challenges Rs.40.61 Crore Power Demand in Supreme Court

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AGI Greenpac Limited ( (IN:AGI) ) has shared an announcement.

AGI Greenpac Limited has received a demand notice of Rs.40.61 Crores from Southern Power Distribution Company of Telangana Limited for surplus power taken from Andhra Pradesh Gas Power Corporation Ltd over two decades. The company, disputing the demand, has filed a Special Leave Petition with the Supreme Court to challenge the notice, as it claims payments were already made to APGPCL.

More about AGI Greenpac Limited

AGI Greenpac Limited operates in the packaging industry, providing glass and plastic packaging solutions. The company focuses on manufacturing and supplying a wide range of products including glass containers and plastic closures, serving various sectors such as food, beverages, and pharmaceuticals.

Average Trading Volume: 28,095

Technical Sentiment Signal: Strong Buy

Current Market Cap: 60.84B INR

For detailed information about AGI stock, go to TipRanks’ Stock Analysis page.

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