AGI Greenpac has received approval from the Competition Commission of India (CCI) for the proposed acquisition of Hindustan National Glass & Industries through the corporate insolvency resolution process.
As per the latest update, CCI has given its approval to the proposed combination under sub-section (1) of Section 31 of the Competition Act, 2002 vide its letter dated March 15, 2023.
The detailed order of CCI is awaited.