AVG Logistics logo

AVG Logistics MD, chairman, board of directors and AGM

NSE: AVGBSE: 543910Transport ServicesSmall Cap

Last close ₹164.40up ₹3.67 (2.28%)BSE ₹164.30

Share price at the NSE close on 23 Oct 2026. Previous close ₹160.73.

52-week range of traded prices to 23 Oct 2026
₹116.66Low, 2 Apr 2026₹234.55High, 6 Jul 2026
Market cap
₹308 Cr2,246th largest listed
P/E
Owners' profit not stated
P/B
Shares changed
Dividend yield
0.73%
ROCE
9.2%
Debt to equity
0.67
Volume, NSE
65,01994.9% delivered

AVG Logistics 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

  • ChairpersonPawan Kant

7 directors3 independent3 executive1 non-executive

  • Pawan Kant · ChairpersonIndependent · joined Nov 2019 · reappointed Aug 2023 · 82 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • Sanjay GuptaExecutive · joined Jan 2012 · 1 listed board · 2 committee seats
  • Asha GuptaExecutive · joined Jan 2010 · 1 listed board
  • Shyam Sunder SoniIndependent · joined Jan 2018 · reappointed Apr 2023 · 105 months as independent · 1 listed board · 1 as independent
  • Susheel Kumar TyagiIndependent · joined Nov 2018 · reappointed Apr 2023 · 94 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Apurva ChamariaNon-executive · joined Jul 2023 · 1 listed board
  • Sumit GargExecutive · joined Aug 2026 · 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.

Committees and meetings

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

  • Board

    • 14 Aug 20266 of 7 present3 independent · 51 days in between
    • 23 Jun 20265 of 6 present2 independent · 38 days in between
    • 15 May 20265 of 6 present2 independent · 16 days in between
    • 28 Apr 20266 of 6 present3 independent

  • Audit Committee

    Chair Pawan Kant

    Sanjay Gupta, Susheel Kumar Tyagi

    • 14 Aug 20263 of 3 present2 independent · 51 days in between
    • 23 Jun 20263 of 3 present2 independent · 55 days in between
    • 28 Apr 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Susheel Kumar Tyagi

    Pawan Kant, Shyam Sunder Soni

    • 14 Aug 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Pawan Kant

    Susheel Kumar Tyagi, Sanjay Gupta

    No meeting listed in the filing.

  • Operational Committee

    Chair Sanjay Gupta

    Susheel Kumar Tyagi, Asha Gupta

    • 25 Sep 20263 of 3 present1 independent · 10 days in between
    • 14 Sep 20263 of 3 present1 independent · 44 days in between
    • 31 Jul 20263 of 3 present1 independent · 61 days in between
    • 30 May 20263 of 3 present1 independent · 57 days in between
    1 earlier meeting
    • 2 Apr 20263 of 3 present1 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.

  • M S K A & Associates LLPPeer-review certificate valid to Jul 2027
1 earlier auditor
  • M S K A & AssociatesNamed in the filing for the quarter to Mar 2025

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.

AVG Logistics 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.AVG Logistics dividend history

Annual general meeting, 25 Sep 2026

10,084 shareholders on the register on 18 Sep 2026; present: 3 promoters and 52 others; votes counted by Pradeep Chauhan / Chahuhan Pradeep & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider, and adopt the: a. audited standalone financial statements of the Company for the financial year ended 31st March 2026 together with the reports of the Board of Directors and Auditors thereon; and b. audited consolidated financial statements of the Company for the financial year ended 31st March 2026 together with the report of Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 60.66% · promoters 99.90% · institutions 72.17% · other public 8.92%

  2. To declare a final dividend of Re. 1.2/- per equity share of Rs. 10/- each for the Financial Year 2025-26
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 60.66% · promoters 99.90% · institutions 72.17% · other public 8.92%

  3. To Re-appoint Mr. Sanjay Gupta (DIN: 00527801), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 48.81% · promoters 71.16% · institutions 72.17% · other public 8.92%

  4. To increase authorize capital of the Company from Rs. 21 Crore to Rs. 25 Crore
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 60.66% · promoters 99.90% · institutions 72.17% · other public 8.92%

  5. To consider and approve the Employee Stock Option Scheme (ESOS), 2026.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 60.66% · promoters 99.90% · institutions 72.17% · other public 8.92%

  6. To consider the issuance of Employee Stock Options in excess of 1% of Issued Capital
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 60.66% · promoters 99.90% · institutions 72.17% · other public 8.92%

  7. To approve continuation of Directorship of Mr. Susheel Kumar Tyagi (DIN: 06906354) as Independent Director post the age of 75 years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 60.66% · promoters 99.90% · institutions 72.17% · other public 8.92%

  8. To Regularise and appoint Mr. Sumit Garg (DIN: 08746971) as Whole-time Director of the Company for the period of 5 years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 60.66% · promoters 99.90% · institutions 72.17% · other public 8.92%

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, 4 Apr 2026, 1 resolution

10,221 shareholders on the register on 27 Feb 2026; votes counted by Pradeep Chauhan / Chauhan Pradeep & Associates.The company's voting result (opens in a new tab)

  1. To consider and approve the increase in the Authorised Share Capital of the Company and the consequential alteration to the Capital Clause of the Memorandum of Association
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 63.77% · promoters 99.86% · institutions 95.53% · other public 7.71%

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, 30 Sep 2025, 7 resolutions

10,328 shareholders on the register on 23 Sep 2025; present: 2 promoters and 57 others; votes counted by VINAY KUMAR / VINAY KUMAR & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To adopt financial statement (Standalone and Consolidated) of the Company for the financial year ended March 31, 2025 along with Annual Report for FY 2024-25
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 54.73% · promoters 99.91% · institutions 0.15% · other public 6.04%

  2. To declare a final dividend of Re. 1.2/- per equity share of face value of Rs. 10/- each for the Financial Year 2024-25
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 54.73% · promoters 99.91% · institutions 0.15% · other public 6.04%

  3. To Re-appoint Mr. Apurva Chamaria (DIN: 07408982), 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 0.00%

    Turnout: all 54.73% · promoters 99.91% · institutions 0.15% · other public 6.04%

  4. To fix the remuneration payable to M/s M S K A and Associates, Chartered Accountants, (FRN: 105047W) statutory auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 54.73% · promoters 99.91% · institutions 0.15% · other public 6.04%

  5. To appoint M/s. K Vivek & Co., Company Secretaries, as Secretarial Auditors of the Company for the period of 5 years
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 54.73% · promoters 99.91% · institutions 0.15% · other public 6.04%

  6. To increase the Borrowing Limit of the Company from Rs. 300 Crore to Rs. 600
    Special
    100.00% for0.00% against

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

    Turnout: all 54.73% · promoters 99.91% · institutions 0.15% · other public 6.04%

  7. To approve the limit of upto Rs. 50 Crore (Fifty Crore Only) for investment, guarantee, security or inter-corporate loans by the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 54.73% · promoters 99.91% · institutions 0.15% · other public 6.04%

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, 30 Sep 2024, 4 resolutions

Present: 3 promoters and 42 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt Audited Standalone and consolidated Financial Statements of the Company for the financial year ended on March 31, 2024 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 0.00%

    Turnout: all 53.14% · promoters 99.92% · institutions 0.00% · other public 3.92%

  2. To declare a final dividend of Rs. 1.2/- per equity share of Rs. 10/- each for the Financial Year 2023-24
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 53.14% · promoters 99.92% · institutions 0.00% · other public 3.92%

  3. To appoint Mrs. Asha Gupta (DIN: 02864795), who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 53.14% · promoters 99.92% · institutions 0.00% · other public 3.92%

  4. To re-appoint Mr. Pawan Kant (DIN: 08594895) as an Independent Director for further period of 5 years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 53.14% · promoters 99.92% · institutions 0.00% · other public 3.92%

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.

Extraordinary general meeting, 7 Feb 2024, 3 resolutions

Present: 7 promoters and 74 others.The company's voting result (opens in a new tab)

  1. Issue of Convertible Warrants on preferential basis to persons belonging to promoter category
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 20.66% · promoters 23.85% · institutions 89.65% · other public 1.02%

  2. Issue of convertible warrants on preferential basis to persons belonging to non-promoter category
    Special
    100.00% for0.00% against

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

    Turnout: all 67.22% · promoters 99.90% · institutions 89.65% · other public 1.02%

  3. Issue of equity shares on preferential basis to non-promoters
    Special
    100.00% for0.00% against

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

    Turnout: all 67.22% · promoters 99.90% · institutions 89.65% · other public 1.02%

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, 29 Sep 2023, 5 resolutions

Present: 3 promoters and 23 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt Audited Standalone and consolidated Financial Statements of the Company for the financial year ended on March 31, 2023 and the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 28.72%

    Turnout: all 67.99% · promoters 99.90% · institutions 53.20% · other public 0.17%

  2. To declare a final dividend of Re. 1/- per equity share of Rs. 10/- each for the Financial Year 2022-23
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 28.72%

    Turnout: all 67.99% · promoters 99.90% · institutions 53.20% · other public 0.17%

  3. To appoint Mr. Sanjay Gupta (DIN: 00527801), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 28.72%

    Turnout: all 67.99% · promoters 99.90% · institutions 53.20% · other public 0.17%

  4. To re-appoint M/s. M S K A & Associates, Chartered Accountants, (FRN: 105047W) as statutory auditors of the Company for second term of 5 consecutive years
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 28.72%

    Turnout: all 67.99% · promoters 99.90% · institutions 53.20% · other public 0.17%

  5. To appoint Mr. Apurva Chamaria (DIN: 07408982) as a Director, liable to retire by rotation
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 28.72%

    Turnout: all 67.99% · promoters 99.90% · institutions 53.20% · other public 0.17%

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.

Extraordinary general meeting, 30 Jun 2023, 10 resolutions

Present: 2 promoters and 10 others.The company's voting result (opens in a new tab)

  1. ISSUE OF CONVERTIBLE WARRANTS ON PREFERENTIAL BASIS TO PERSONS BELONGING TO PROMOTER CATEGORY
    SpecialPromoters have an interest in it
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.56%

    Turnout: all 83.34% · promoters 99.99% · institutions 99.16% · other public 3.41%

  2. ISSUE OF CONVERTIBLE WARRANTS ON PREFERENTIAL BASIS TO PERSONS BELONGING TO NON PROMOTER CATEGORY
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.56%

    Turnout: all 83.34% · promoters 99.99% · institutions 99.16% · other public 3.41%

  3. INCREASE AUTHORIZED CAPITAL OF THE COMPANY
    Special
    100.00% for0.00% against

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

    Turnout: all 83.34% · promoters 99.99% · institutions 99.16% · other public 3.41%

  4. ALTERATION IN THE CAPITAL CLAUSE OF MEMORANDUM OF ASSOCIATION
    Special
    100.00% for0.00% against

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

    Turnout: all 83.34% · promoters 99.99% · institutions 99.16% · other public 3.41%

  5. TO RE-APPOINT MR. SANJAY GUPTA AS MANAGING DIRECTOR OF THEnCOMPANY
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 83.34% · promoters 99.99% · institutions 99.16% · other public 3.41%

  6. TO RE-APPOINT MRS. ASHA GUPTA AS WHOLE TIME DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 83.34% · promoters 99.99% · institutions 99.16% · other public 3.41%

  7. TO RE-APPOINT MR. SUSHEEL KUMAR TYAGI AS INDEPENDENT DIRECTOR OF THEnCOMPANY
    Special
    100.00% for0.00% against

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

    Turnout: all 83.34% · promoters 99.99% · institutions 99.16% · other public 3.41%

  8. TO APPOINT MR. SHYAM SUNDER SONI AS INDEPENDENT DIRECTOR OF THEnCOMPANY
    Special
    100.00% for0.00% against

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

    Turnout: all 83.34% · promoters 99.99% · institutions 99.16% · other public 3.41%

  9. APPOINTMENT OF MR.ANKIT JAIN (DIN: 09440637) AS A NON-EXECUTIVE DIRECTOR OF THE COMPANY LIABLE TO RETIRE BY ROTATION
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.34% · promoters 99.99% · institutions 99.16% · other public 3.41%

  10. PURCHASE OF WAREHOUSE FROM M/S M A ENTERPRISES
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 83.34% · promoters 99.99% · institutions 99.16% · other public 3.41%

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, 9 Mar 2023, 1 resolution

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

  1. .MIGRATION FROM SME PLATFORM OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED (NSEEMERGE) TO MAIN BOARD OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED
    Special
    100.00% for0.00% against

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

    Turnout: all 85.51% · promoters 99.92% · institutions 99.24% · other public 2.30%

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.

Fines and tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Fine or penaltyNational Stock Exchange of India LimitedSince 14 Jul 2026

    Fine under Regulation 29 and 33

    Delay in Filing of Financial Results for the quarter ended March 31, 2026
  • Fine or penaltyBSE LimitedSince 14 Jul 2026

    Fine under Regulation 29 and 33

    Delay in Filing of Financial Results for the quarter ended March 31, 2026
  • Tax disputeIncome Tax OfficeSince 12 Aug 2025
    to appear before the Court for receiving the copy of petition filed
    At the filing before: Hearing scheduled on August, 2026

In the company's own words, from its latest governance filing.

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
Yes
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Rights IssuesJun 2026, checked by Brickwork Ratings India Private Limited–Working Capital requirement––No
Rights IssuesJun 2026, checked by Brickwork Ratings India Private Limited–General Corporate Purposes––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.