AG Ventures Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the standalone and consolidated financial results during its meeting held on May 22, 2026. The statutory auditors, M/s S S Kothari Mehta & Co. LLP, provided an unmodified opinion on the results.

Consolidated Financial Performance

For the financial year ended March 31, 2026, the company reported a consolidated net profit of ₹750.28 lakh, compared to ₹1,307.74 lakh in the previous year. Total income for the year stood at ₹11,105.57 lakh, compared to ₹11,075.53 lakh in FY25. For the quarter ended March 31, 2026, the company posted a net profit of ₹56.52 lakh.

Standalone Financial Performance

On a standalone basis, the company reported a net profit of ₹319.75 lakh for FY26, a significant turnaround from a net loss of ₹36,634.01 lakh in the previous year. Revenue from operations for the year was ₹2,573.86 lakh, up from ₹2,234.06 lakh in FY25. For the quarter ended March 31, 2026, the standalone net loss was ₹61.63 lakh.

Key Board Decisions

Alongside the financial results, the board approved the re-appointment of M/s DHC Advisory LLP as the Internal Auditor for the financial year 2026-27. Additionally, the board appointed Mr. Gaurav Jain as the Chief Executive Officer and whole-time Key Managerial Personnel of the company, effective May 22, 2026.

AG Ventures Limited (formerly Oriental Carbon and Chemicals Limited) has notified the stock exchange of the resignation of Mr. Abhinaya Kumar from the position of Chief Executive Officer (KMP – Key Managerial Personnel), effective from the closing of business hours on May 8, 2026. The intimation was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

CEO Resignation Details

Mr. Abhinaya Kumar submitted his resignation letter dated May 6, 2026, addressed to the Chairman of AG Ventures Limited. In his letter, he stated that he was resigning to pursue career opportunities outside the organisation and requested relief from his duties effective from the closure of business hours on May 8, 2026. The company acknowledged his resignation and confirmed that he has been relieved of his duties accordingly.

The following table summarises the key details of the resignation as disclosed under Regulation 30 read with Schedule III of the Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026:

Regulatory Compliance

The disclosure was filed by AG Ventures Limited in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company has also indicated that necessary forms will be submitted with the Registrar of Companies to give effect to the resignation. The intimation was signed by Vipin, Company Secretary (Membership No. A55308), on behalf of AG Ventures Limited.

In his resignation letter, Mr. Kumar expressed gratitude for the opportunities and experience gained during his tenure and conveyed his thanks to the Board of Directors, senior management, and colleagues for their support and cooperation.