Hariyana Ventures has scheduled its 51st Annual General Meeting (AGM) for Friday, September 25, 2026, at its registered office in Nagpur. The meeting will focus on adopting the audited financial statements for FY26 and approving special resolutions regarding director remuneration.

The company, formerly known as Hariyana Metals Limited, issued the notice on September 3, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Harish Gangaram Agrawal, Managing Director, signed the disclosure.

Financial Performance FY26

The agenda includes receiving and considering the audited balance sheet as at March 31, 2026, and the profit and loss account for the year ended on that date. According to the explanatory statement accompanying the notice, the company reported a Profit Before Tax (PBT) of ₹61.45 lakh for FY26, up from ₹32.48 lakh in FY25. Net profit stood at ₹44.63 lakh in FY26, a significant turnaround from a loss of ₹32.60 lakh in FY25.

Director Remuneration Revisions

Shareholders will vote on two special resolutions to approve the revision of remuneration for Mr. Dinesh Gangaram Agrawal (Non-Executive Non-Independent Director) and Mr. Harish Agrawal (Managing Director). Both revisions are effective from April 1, 2026.

The Nomination and Remuneration Committee recommended increasing the remuneration for both directors to up to ₹25 lakh per annum. This increase is subject to shareholder approval despite potentially exceeding the limits prescribed under Section 197 and Schedule V of the Companies Act, 2013, due to inadequacy or absence of profits. The resolution allows payment even if it exceeds one percent of net profits.

Mr. Harish Agrawal’s tenure runs from September 29, 2024, to September 28, 2027. His previous remuneration did not exceed ₹15 lakh per annum. Mr. Dinesh Agrawal retires by rotation at this AGM and seeks re-appointment as an ordinary business item.

E-Voting and Logistics

The Register of Members and Share Transfer Books will remain closed from Saturday, September 19, 2026, to Friday, September 25, 2026. The cut-off date for determining voting rights is Friday, September 18, 2026.

E-voting will be facilitated by National Securities Depository Limited (NSDL). The remote e-voting period commences on Monday, September 21, 2026, at 9:00 am and ends on Thursday, September 24, 2026, at 5:00 pm. M/s. Jaymin Modi & Co has been appointed as the scrutinizer for the AGM.

Hariyana Ventures Limited disclosed that Krishanu Harish Agrawal, a member of its promoter group, has acquired 20,750 equity shares in the company. The acquisition, executed via an off-market transaction on August 4, 2026, increases Agrawal’s stake to 3.57% of the total voting capital. This move signals continued confidence from the promoter group in the company’s long-term prospects, as Agrawal moved from a zero-holding position to a significant minority stake in a single transaction.

The disclosure was filed with BSE Limited on August 6, 2026, complying with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Harish Gangaram Agrawal, Managing Director of Hariyana Ventures Limited, signed the submission, confirming the receipt of the disclosure from Krishanu Harish Agrawal.

Transaction Details

The acquisition was conducted entirely off-market, meaning it did not occur through open market purchases or public issues. Prior to this transaction, Krishanu Harish Agrawal held no shares carrying voting rights in Hariyana Ventures Limited. The total equity share capital of the company remains unchanged at ₹58,05,000, comprising 5,80,500 equity shares of ₹10 each.

Regulatory Compliance

The filing confirms that there are no encumbrances, pledges, liens, or non-disposal undertakings associated with the newly acquired shares. Additionally, there are no warrants, convertible securities, or other instruments entitling the acquirer to receive further shares carrying voting rights. The total diluted share/voting capital of the company remains at ₹58,05,000 post-acquisition.

What the Numbers Show

The acquisition represents a concentrated entry into the company’s equity structure by a promoter group member. With a total outstanding share capital of only 5,80,500 shares, the purchase of 20,750 shares constitutes a material percentage of the float. The absence of encumbrances suggests these shares are held for investment purposes rather than as collateral for debt. Given the small size of the total share capital, such promoter-level acquisitions can have a notable impact on the free-float market capitalization and voting dynamics within the company.