AG Ventures Ltd-$ logo

AG Ventures Ltd-$ MD, chairman, board of directors and AGM

BSE: 506579Chemicals & PetrochemicalsSmall Cap

Last close ₹125.50down ₹4.15 (3.20%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹129.65.

52-week range of traded prices to 23 Oct 2026
₹74.60Low, 30 Mar 2026₹167.80High, 30 Oct 2025
Market cap
₹125 Cr2,818th largest listed
P/E
5.6
P/B
0.5
Dividend yield
Nonein the last 12 months
ROE
8.4%
ROCE
8.1%
Debt to equity
0.09
Volume, BSE
4,176

AG Ventures Ltd-$ board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonArvind GoenkaRelated to the promoter
  • Company Secretary and Compliance OfficerMuskaan Suhag

6 directors3 independent3 non-executive

  • Arvind Goenka · ChairpersonNon-executive · joined May 1986 · reappointed Jul 2024 · 3 listed boards · 3 committee seats, 1 as chair
  • Akshat GoenkaNon-executive · joined May 2015 · reappointed Jul 2024 · 3 listed boards · 5 committee seats
  • Rachna LodhaIndependent · joined May 2024 · 28 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • Rajat JainIndependent · joined May 2024 · 28 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Mitali GuptaIndependent · joined May 2025 · 16 months as independent · 1 listed board · 1 as independent
  • Dhruv RanjanNon-executive · joined Feb 2026 · 7 months as independent · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • Sanjay Verma, left 6 Nov 2025: Others
  • Runa Mukherjee, left 30 Jul 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 7 Aug 20266 of 6 present3 independent · 76 days in between
    • 22 May 20266 of 6 present3 independent

  • Audit Committee

    Chair Rajat Jain

    Rachna Lodha, Akshat Goenka

    • 7 Aug 20263 of 3 present2 independent · 76 days in between
    • 22 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Mitali Gupta

    Rajat Jain, Rachna Lodha

    • 7 Aug 20263 of 3 present3 independent
    • 22 May 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Rachna Lodha

    Arvind Goenka, Akshat Goenka

    • 21 Sep 20263 of 3 present1 independent · 44 days in between

  • Corporate Social Responsibility Committee

    Chair Arvind Goenka

    Rajat Jain, Rachna Lodha

    • 22 May 20263 of 3 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • SS Kothari Mehta & Co. LLPPeer-review certificate valid to Aug 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

AG Ventures Ltd-$ AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.AG Ventures Ltd-$ dividend history

Annual general meeting, 30 Jul 2024

Present: 6 promoters and 44 others.The company's voting result (opens in a new tab)

  1. 1 - To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, the Audited Consolidated Financial Statements of the Company for the said financial year and the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.47%

    Turnout: all 57.40% · promoters 100.00% · institutions 93.33% · other public 0.12%

  2. 2 - To confirm the interim dividend paid during the year and to declare final dividend for the financial year ended March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 57.40% · promoters 100.00% · institutions 93.33% · other public 0.12%

  3. 3 - To appoint a Director in place of Mr. Sanjay Verma [DIN: 09784146], who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.91%

    Turnout: all 57.40% · promoters 100.00% · institutions 93.33% · other public 0.12%

  4. 4 - Ratification of Cost Auditor’s remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.47%

    Turnout: all 57.40% · promoters 100.00% · institutions 93.33% · other public 0.12%

  5. 5 - Appointment of Ms. Rachna Lodha (DIN- 07153563) as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.47%

    Turnout: all 57.40% · promoters 100.00% · institutions 93.33% · other public 0.12%

  6. 6 - Appointment of Mr. Rajat Jain (DIN-10628142) as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.47%

    Turnout: all 57.40% · promoters 100.00% · institutions 93.33% · other public 0.12%

  7. 7 - Re-appointment of Mr. Akshat Goenka (DIN: 07131982) as a Whole Time Director designated as the Joint Managing Director of the Company and revision of his Remuneration.
    SpecialPromoters have an interest in it
    95.92% for4.08% against

    Against: promoters 0.00% · institutions 41.90% · other public 2.70%

    Turnout: all 57.40% · promoters 100.00% · institutions 93.33% · other public 0.12%

  8. 8 - To approve payment of Remuneration to Non-Executive Directors of the Company.
    SpecialPromoters have an interest in it
    95.92% for4.08% against

    Against: promoters 0.00% · institutions 41.90% · other public 1.50%

    Turnout: all 57.40% · promoters 100.00% · institutions 93.33% · other public 0.12%

  9. 9 - To approve payment of Commission/Remuneration to Mr. Akshat Goenka as a Non-Executive Director of the Company for the Financial Year 2024-25.
    SpecialPromoters have an interest in it
    95.92% for4.08% against

    Against: promoters 0.00% · institutions 41.90% · other public 1.50%

    Turnout: all 57.40% · promoters 100.00% · institutions 93.33% · other public 0.12%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Jul 2023, 6 resolutions

Present: 8 promoters and 46 others.The company's voting result (opens in a new tab)

  1. 1 - Adoption of Audited Financial Statements of the Company (both Standalone and Consolidated) for the financial year ended 31st March, 2023, together with Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 64.52% · promoters 100.00% · institutions 94.74% · other public 0.23%

  2. 2 - Confirmation of Interim Dividend and declaration of Final Dividend for the financial year ended 31st March, 2023.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 64.54% · promoters 100.00% · institutions 94.85% · other public 0.23%

  3. 3 - Mr. Jagdish Prasad Goenka (DIN : 00136782), Director of the Company, retired by rotation at the meeting but did not offer him-self for re-appointment and non-filling of vacancy caused thereby
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.43%

    Turnout: all 64.54% · promoters 100.00% · institutions 94.85% · other public 0.23%

  4. 4. Ratification of remuneration payable to Cost Auditors of the Company, M/s. J.K. Kabra & Co., Cost Accountants, for the financial year ending 31st March, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 64.54% · promoters 100.00% · institutions 94.85% · other public 0.23%

  5. 5 - Re-appointment of Mr. Arvind Goenka (DIN : 00135653) as the Managing Director for a further period of one year w.e.f. 1st October, 2023 and revision in his remuneartion w.e.f. 1st April, 2023
    SpecialPromoters have an interest in it
    97.94% for2.06% against

    Against: promoters 0.00% · institutions 10.46% · other public 1.36%

    Turnout: all 64.54% · promoters 100.00% · institutions 94.85% · other public 0.23%

  6. 6 - Re-appointment of Mr. Akshat Goenka (DIN : 07131982) as a Whole-time Director, designated as Joint Managing Director, for a further period of one year w.e.f. 1st October, 2023 and revision in his remuneartion w.e.f. 1st April, 2023MoreLess
    SpecialPromoters have an interest in it
    97.94% for2.06% against

    Against: promoters 0.00% · institutions 10.46% · other public 1.36%

    Turnout: all 64.54% · promoters 100.00% · institutions 94.85% · other public 0.23%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Meeting called by the tribunal, 27 Apr 2023, 1 resolution

Present: 8 promoters and 104 others.The company's voting result (opens in a new tab)

  1. 1.To approve the Scheme of Arrangement between Oriental Carbon & Chemicals Limited and OCCL Limited and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.28%

    Turnout: all 65.03% · promoters 100.00% · institutions 91.20% · other public 0.30%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 5 Sep 2022, 5 resolutions

Present: 8 promoters and 32 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited FinancialnStatements of the Company (bothnStandalone and Consolidated) for thenfinancial year ended 31st March,n2022, together with Reports of thenBoard of Directors and the Auditorsnthereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 63.31% · promoters 100.00% · institutions 73.34% · other public 0.20%

  2. Confirmation of Interim Dividend and declaration of Final Dividend for the financial year ended 31st March, 2022.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 63.33% · promoters 100.00% · institutions 73.43% · other public 0.20%

  3. Re-appointment of Ms. Kiran Sahdev (DIN : 06718968), as a Director of the Company, liable to retire by rotation.
    Ordinary
    99.46% for0.54% against

    Against: promoters 0.00% · institutions 2.95% · other public 0.00%

    Turnout: all 63.33% · promoters 100.00% · institutions 73.43% · other public 0.20%

  4. Re-appointment of M/s. S.S. Kothari Mehta & Co., Chartered Accountants, as Statutory Auditors of the Company for a 2nd term of 5 consecutive years from the conclusion of 42nd AGM till the conclusion of 47th AGM and authorisation to the Board of Directors to fix their remuneration.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 63.33% · promoters 100.00% · institutions 73.43% · other public 0.20%

  5. Ratification of remuneration payable to Cost Auditors of the Company, M/s. J.K. Kabra & Co., Cost Accountants, for the financial year ending 31st March, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 63.33% · promoters 100.00% · institutions 73.43% · other public 0.20%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 27 Apr 2022, 1 resolution

The company's voting result (opens in a new tab)

  1. SHIFTING OF REGISTERED OFFICE OF THE COMPANY FROM THE STATE OF WEST BENGAL TO THE STATE OF GUJARAT.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.23%

    Turnout: all 63.24% · promoters 100.00% · institutions 72.31% · other public 0.29%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 3 Aug 2021, 5 resolutions

Present: 8 promoters and 30 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements of the Company for the financial year ended March 31, 2021 (both Standalone and Consolidated basis), together with Reports of the Board of Directors & the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 66.36% · promoters 100.00% · institutions 89.75% · other public 0.27%

  2. Confirmation of Interim Dividend and declaration of Final Dividend for the financial year ended March 31, 2021.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 66.37% · promoters 100.00% · institutions 89.80% · other public 0.27%

  3. Re-appointment of Akshat Goenka (DIN : 07131982), who retired by rotation & being eligible, offered himself for re-appointment.
    Ordinary
    99.19% for0.81% against

    Against: promoters 0.00% · institutions 3.69% · other public 0.00%

    Turnout: all 66.37% · promoters 100.00% · institutions 89.80% · other public 0.27%

  4. Ratification of remuneration payable to M/s. J.K. Kabra & Co., Cost Accountants, for the financial year 2021-22.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 66.37% · promoters 100.00% · institutions 89.80% · other public 0.27%

  5. Cancellation of 33,752 equity shares forfeited by the Company and diminishing of issued share capital by an amount of Rs.1,51,660/- being the amount paid-up on the forfeited shares.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 66.37% · promoters 100.00% · institutions 89.80% · other public 0.27%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 18 Aug 2020, 5 resolutions

Present: 8 promoters and 38 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2020, and Reports of the Directors and Auditors thereon.t
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 65.95% · promoters 100.00% · institutions 68.87% · other public 0.26%

  2. To confirm the interim dividend paid during the year and to declare a final dividend for the financial year ended March 31, 2020.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 65.95% · promoters 100.00% · institutions 68.91% · other public 0.26%

  3. To appoint a Director in place of Mr. Jagdish Prasad Goenka [DIN:00136782], who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 0.52% · other public 0.07%

    Turnout: all 65.95% · promoters 100.00% · institutions 68.91% · other public 0.26%

  4. Ratification of remuneration of M/s. J K Kabra & Co., the Cost Auditors of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.92%

    Turnout: all 65.95% · promoters 100.00% · institutions 68.91% · other public 0.25%

  5. To reappointment of Mrs. Runa Mukherjee (holding DIN: 02792569), whose present tenure as an Independent Director expires on July 30, 2020, for her second term of 5 (five) consecutive years with effect from July 31, 2020MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.35%

    Turnout: all 65.95% · promoters 100.00% · institutions 68.91% · other public 0.25%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 31 Mar 2020, 2 resolutions

The company's voting result (opens in a new tab)

  1. Increase in borrowing powers of the Board of Directors pursuant tonSection 180(1)(c) of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.95%

    Turnout: all 70.02% · promoters 100.00% · institutions 81.07% · other public 0.36%

  2. Authorizing the Board of Directors to create/modify charge on thenCompany’s movable and immovable properties, pursuant to Sectionn180(1)(a) of the Act, for securing its borrowings
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.82%

    Turnout: all 70.02% · promoters 100.00% · institutions 81.07% · other public 0.36%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 24 Apr 2026, 1 fund house

  • Appointment of Mr. Dhruv Ranjan (DIN-11570610) as a Non-Executive, Non-Independent Director of the Company, liable to retire by rotation, with effect from last date of e-voting of postal ballot i.e. 24th April, 2026.MoreLess
    1 for0 against

Mutual fund votes, meeting of 16 Oct 2025, 1 fund house

  • To change the Object Clause of the Memorandum of Association of the Company.
    1 for0 against
1 earlier meeting

Mutual fund votes, meeting of 28 Jul 2025, 1 fund house

  • Appointment of M/s. P. Sarawagi and Associates, Company Secretaries, (Firm Registration No. PRN. S1998WB022800) as Secretarial Auditors of the Company for a term of 5 (Five) consecutive years, to hold office from the conclusion of this Annual General Meeting (‘AGM’) till the conclusion of AGM of the Company due to be held in the Year 2030, covering the financial years 2025-26 to 2029-30, at such remuneration.MoreLess
    1 for0 against
  • Appointment of Mrs. Mitali Gupta (DIN- 11119860) as an Independent Director of the Company to hold office for a term of 5 (Five) consecutive years with effect from May 28, 2025.
    1 for0 against
  • Payment of such commission/ remuneration, not exceeding Rs. 125 Lakh in aggregate, as the Board may decide, on the recommendation of the Nomination and Remuneration Committee, to Mr. Akshat Goenka (DIN: 07131982), as Non-Executive Non-Independent Director of the Company, for the financial year 2025-26, payable quarterly subject to overall limit as prescribed under Section 197(1)(ii) of the Act and as approved by the Members, notwithstanding that such remuneration may exceed fifty percent of the total annual remuneration payable to all the other Non-Executive Directors of the Company.MoreLess
    1 for0 against
  • Shifting the Registered Office of the Company from the State of Gujarat to the State of Uttar Pradesh and consequently, to substitute and replace the existing Clause 2 of the Memorandum of Association of the Company.MoreLess
    1 for0 against
  • To appoint a Director in place of Mr. Arvind Goenka (DIN: 00135653), who retires by rotation and being eligible, offers himself for re-appointment.
    1 for0 against
  • To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, the Audited Consolidated Financial Statements of the Company for the said financial year and the Reports of the Board of Directors and Auditors thereon.MoreLess
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.