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The Economic Times

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CCI rejects AGI Greenpac plea on INSCO green channel nod for HNG deal

The Competition Commission of India has once again rejected AGI Greenpac's challenge. The regulator upheld the green channel approval for Independent Sugar Corporation's acquisition of Hindusthan National Glass & Industries. AGI Greenpac's concerns about undisclosed equity participants and control transfer were dismissed. The CCI found no significant market overlaps or material changes warranting interference with the approval.

2 May 2026 4:28 pm