Outcome of the Board Meeting held on May 22, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
AG Ventures Limited (formerly Oriental Carbon & Chemicals) held its Board meeting on May 22, 2026 and approved the audited financial results for Q4 and full year ended March 31, 2026. For standalone operations, revenue from operations was Rs. 2,573.86 lakhs with profit after tax of Rs. 151.76 lakhs from continuing operations. The consolidated revenue stood at Rs. 10,827.61 lakhs with profit after tax of Rs. 1,057.51 lakhs from continuing operations. Statutory auditors S S Kothari Mehta & Co. LLP issued an unmodified opinion on both standalone and consolidated results. The Board also appointed Mr. Gaurav Jain, a Chartered Accountant with over 25 years of experience in finance and treasury management, as Chief Executive Officer and whole-time Key Managerial Personnel. Additionally, M/s DHC Advisory LLP was re-appointed as internal auditor for FY 2026-27.
The clean audit opinion with profit generation from continuing operations is a positive signal for investors. The appointment of an experienced finance professional as CEO may boost investor confidence in the company's financial management and strategic direction.