Meeting Details

The 46th Annual General Meeting (AGM) of AG Ventures Limited was held on Friday, July 24, 2026, through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting commenced at 11:00 a.m. IST and concluded at 11:58 a.m. IST.

Attendance

The meeting was attended by:

  • Mr. Arvind Goenka (Non-Executive Director)
  • Mr. Akshat Goenka (Non-Executive Director)
  • Mr. Rajat Jain (Independent Director)
  • Mrs. Rachna Lodha (Independent Director)
  • Mr. Gaurav Jain (Chief Executive Officer)
  • Ms. Shanu Gupta (Company Secretary of Duncan Engineering Limited, subsidiary)
  • Representatives of Statutory Auditors and Secretarial Auditors

Mr. Arvind Goenka was elected as Chairman of the Meeting. Mr. Akshat Goenka was elected as Alternate Chairman.

Voting Process

The Company provided remote e-voting facilities from July 21, 2026 (9:00 a.m. IST) to July 23, 2026 (5:00 p.m. IST). Members holding shares as of July 17, 2026 (cut-off date) were eligible to vote. Additional e-voting was available during and for 15 minutes after the conclusion of the meeting.

Mr. Pawan Kumar Sarawagi, Proprietor of M/s. P. Sarawagi & Associates, was appointed as Scrutinizer for the voting process.

Business Conducted

The following items of business were put for members' approval:

1. Ordinary Resolution: Consideration and adoption of Audited Standalone Financial Statements and Audited Consolidated Financial Statements for the financial year ended March 31, 2026, along with Reports of the Board of Directors and Auditors

2. Ordinary Resolution: Appointment of Mr. Akshat Goenka (DIN: 07131982) as Director who retires by rotation and offers himself for re-appointment

3. Special Resolution: Approval of payment of Commission/Remuneration to Mr. Akshat Goenka, Non-Executive Director, for Financial Year 2026-27

Auditor Reports

The Statutory Auditors' report contained no qualifications, reservations, or adverse remarks. The Secretarial Auditor's report by M/s. P. Sarawagi & Associates indicated full compliance with applicable provisions with no adverse remarks affecting company functioning.

Other Proceedings

Mr. Arvind Goenka briefed members on the operational and financial performance for FY ended March 31, 2026. Registered speaker shareholders asked questions which were addressed by Mr. Akshat Goenka and Mr. Gaurav Jain.

Results Declaration

The consolidated result of remote e-voting and e-voting at the AGM was to be declared within 48 hours of conclusion and shared with Stock Exchanges and company websites.