AGI Greenpac Limited Begins ₹1,000 Crore Aluminium Can Plant Project; Shares Rise 3.06% 

Mumbai, May 6: AGI Greenpac Limited announced the groundbreaking ceremony for its ₹1,000 crore aluminium beverage can manufacturing facility in Hathras, Uttar Pradesh, according to a press release submitted to stock exchanges. 

AGI Greenpac Starts Construction of Aluminium Can Facility 

The company informed the Bombay Stock Exchange and the National Stock Exchange of India that construction has commenced for the proposed aluminium can manufacturing facility spread across 34 acres in Uttar Pradesh. 

According to the company’s exchange filing dated May 5, 2026, the project is being developed with an investment of ₹1,000 crore and will have an initial production capacity of 1.6 billion cans annually at launch. 

The company said the facility is expected to begin operations during the first half of 2027 with two production lines. AGI Greenpac added that the plant has scalability provisions to expand capacity beyond 2 billion cans annually through debottlenecking and additional necking technology. 

According to the company, the facility will manufacture aluminium beverage cans in multiple formats catering to carbonated soft drinks, beer, energy drinks and ready-to-drink beverage categories. 

The company also said the Hathras facility is being developed with sustainability-focused infrastructure, including energy optimisation systems and provisions targeting Platinum Green Building certification. 

Stock Market Snapshot 

AGI Greenpac share price moved higher following the announcement regarding the aluminium can manufacturing project in Uttar Pradesh. The stock traded at ₹640 on the NSE, up 3.06% at 9:43 a.m. IST on May 6, according to exchange data. 

The stock opened at ₹629.95 and touched an high of ₹646 during morning trade. Investors tracked the company’s expansion into aluminium beverage can manufacturing amid rising demand for sustainable packaging solutions. 

Market participants also monitored the scale of the proposed capital expenditure and the company’s long-term growth strategy in the packaging segment. 

 AGI Greenpac Share Price as of 6 May 2026, Source: NSE

AGI Greenpac Expands Presence in Packaging Segment 

AGI Greenpac Limited operates in the packaging products segment and is the parent company of AGI Glaspac, a listed glass packaging manufacturer in India. 

The company offers a portfolio spanning container glass, PET bottles, anti-counterfeiting security closures and specialty glass products. It currently operates multiple manufacturing facilities across India and caters to beverage, pharmaceutical and food industry customers. 

AGI Greenpac stated in its press release that India’s aluminium beverage can manufacturing capacity currently stands at nearly 3.9 billion cans annually and is expected to witness strong growth driven by premiumisation trends and rising beverage consumption. 

Conclusion 

The proposed ₹1,000 crore aluminium beverage can manufacturing facility marks AGI Greenpac’s expansion into the fast-growing metal packaging segment. 

Investors remained focused on execution timelines, future capacity additions and demand growth in sustainable beverage packaging as the stock traded higher during early market deals on May 6. 

Source: 

• https://www.nseindia.com/get-quote/equity/AGI/AGI-Greenpac-Limited 
• https://nsearchives.nseindia.com/corporate/HSIL_05052026132854_SE_IntimationregardingPressRelease.pdf