Nouveau Global Ventures schedules 38th AGM for September 29, 2026
- Nouveau Global Ventures schedules 38th AGM for September 29, 2026 via VC/OAVM
- Company reports net loss of ₹40.01 lakh in FY26 vs profit of ₹57.18 lakh in FY25
- Zero revenue from operations; other income falls 55.9% to ₹65.82 lakh
- Total expenses rise 20.2% to ₹103.20 lakh driven by higher finance costs
- No dividend declared; MD reappointment and related-party deals up for approval
*this image is generated using AI for illustrative purposes only.
Nouveau Global Ventures has scheduled its 38th Annual General Meeting (AGM) for September 29, 2026, to discuss financial results for FY26 and approve key corporate resolutions. The meeting will be held via Video Conferencing (VC) or Other Audio Visual Means (OAVM) starting at 1:00 pm.
The company published advertisements for the meeting in Mumbai Lakshdeep and Active Times on September 6, 2026. Shareholders have been provided with e-voting facilities to cast their votes on the proposed resolutions.
Financial Performance Overview
The company reported a net loss of ₹40.007 lakh for the financial year ended March 31, 2026, reversing a profit of ₹57.178 lakh recorded in the previous year. This decline was driven by zero revenue from operations and a significant drop in other income.
| Metric | FY26 | FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹0 lakh | ₹0 lakh | - |
| Other Income | ₹65.818 lakh | ₹149.423 lakh | -55.9% |
| Total Expenses | ₹103.195 lakh | ₹85.769 lakh | +20.2% |
| Net Profit/(Loss) | (₹40.007 lakh) | ₹57.178 lakh | Turned negative |
Total expenses rose to ₹103.195 lakh from ₹85.769 lakh in FY25. Finance costs increased by nearly 40% to ₹17.088 lakh, while employee benefits also contributed to the higher expenditure. Other income fell sharply to ₹65.818 lakh from ₹149.423 lakh in the prior year.
What the Numbers Show
A critical divergence exists between the company's asset base and its revenue generation capability. The balance sheet shows total assets of ₹919.515 lakh, with significant holdings in property investments valued at ₹645.222 lakh. However, this substantial asset base failed to translate into operational revenue, resulting in zero sales figures for the fourth consecutive period comparable in nature. The reliance on 'Other Income'—which fell by over 55% year-on-year—highlights a lack of sustainable core business activity.
Governance and Related Party Transactions
Shareholders will vote on the reappointment of Krishan Khadaria as Managing Director for a five-year term starting March 1, 2027. The Board seeks approval for related-party transactions with entities such as Mystic Electronics Limited and Mukta Agriculture Limited, capping annual values at ₹50 crore per entity. These transactions involve loans, guarantees, and service agreements.
No dividend is recommended for FY26 due to the incurred losses. The Secretarial Audit Report noted minor compliance delays, including a two-day late filing of shareholding patterns for the quarter ended September 30, 2025, for which a fine was paid.
Historical Stock Returns for Nouveau Global Ventures
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.86% | 0.0% | +30.77% | -30.61% | -30.61% | 0.0% |
How does the company plan to monetize its ₹645 lakh property investment portfolio to generate operational revenue in FY27?
What is the strategic rationale behind approving related-party transaction caps of up to ₹50 crore with Mystic Electronics and Mukta Agriculture?
Will the 40% increase in finance costs indicate a broader debt restructuring challenge or increased borrowing for future projects?
15
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
