AG Ventures accepts resignation of Company Secretary Vipin

AG Ventures has accepted the resignation of Mr. Vipin from the position of Company Secretary and Compliance Officer, effective July 17, 2026. The resignation, submitted to pursue career opportunities outside the organization, was acknowledged by the Board of Directors. Vipin ceased to hold office at the close of business hours on July 17, 2026.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the necessary forms would be submitted to the Registrar of Companies, and stock exchanges would be intimated to give effect to the resignation.

Resignation Details

The following table outlines the key particulars regarding the change in Key Managerial Personnel:

S. No.	Particulars	Details
1	Reason for change	Resignation from the post of Company Secretary and Compliance Officer of the Company
2	Date of cessation	Mr. Vipin ceased from the office of Company Secretary and Compliance Officer of the Company w.e.f. closure of business hours on 17 July, 2026
3	Brief profile	Not Applicable
4	Disclosure of relationships between directors	Not Applicable
5	Information as required under BSE circular no. LIST/COMP/14/2018-19	Not Applicable

The intimation was signed by Arvind Goenka, Director of AG Ventures. The company’s scrip is listed on BSE Limited with the code 506579.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+2.90%	-5.65%	-3.15%	-48.57%	-63.16%

AG Ventures Limited reported a net profit of ₹319.75 lakh for the financial year ended March 31, 2026, reversing a net loss of ₹36,634.01 lakh in the previous year. Total revenue increased to ₹2,867.52 lakh from ₹2,413.16 lakh in FY25. The company’s Board has recommended a commission of up to ₹125 lakh for Non-Executive Director Mr. Akshat Goenka for FY27.

The profit after tax from continuing operations stood at ₹319.75 lakh, compared to a loss of ₹37,388.23 lakh in the prior year. The turnaround was driven by the absence of exceptional items, which had resulted in a loss of ₹37,494.57 lakh in FY25. Revenue from operations rose to ₹2,573.86 lakh from ₹2,234.06 lakh in the previous year.

Financial Performance

The company’s financial results for the year show a significant improvement in profitability. The table below summarises the key financial metrics for the year ended March 31, 2026, compared to the previous year.

Metric (₹ in Lakh)	FY26	FY25
Total Revenue	2,867.52	2,413.16
Net Sales/Income from Operations	2,573.86	2,234.06
Other Income	293.66	179.10
Profit/(Loss) for the year	319.75	(36,634.01)

Operational Highlights

The company continues to focus on its trading and investment activities. During the year, the company made long-term investments of ₹1,368.08 lakh in various instruments and invested ₹6,574.93 lakh in an investment property. The company also liquidated certain long-term investments amounting to ₹997.94 lakh and made net redemptions of ₹4,299.07 lakh from current investments in debt mutual funds.

Board and Governance

The Board of Directors has recommended the payment of commission to Mr. Akshat Goenka, Non-Executive Non-Independent Director, not exceeding ₹125 lakh for the financial year 2026-27. This resolution requires shareholder approval via a special resolution at the upcoming Annual General Meeting. The Board also approved the payment of ₹50 lakh as commission to Mr. Goenka for FY26, which is within the limit approved by members.

Mr. Akshat Goenka is liable to retire by rotation at the forthcoming Annual General Meeting and, being eligible, offers himself for re-appointment. The company’s statutory auditors, S S Kothari Mehta & Co., have issued an unqualified report on the financial statements.