Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we wish to inform you that the Company has executed ....
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AG Ventures Ltd has executed a Purchase Deed on August 20, 2025, to acquire a residential plot/property in Delhi for approximately Rs. 59.50 Crores. The acquisition is part of the company's investment-related business, including real estate. The sellers are three individuals — Mrs. Rita Koura, Mrs. Anuradha Sapra, and Mrs. Vineeta Seth — none of whom are related to the promoter or promoter group. The transaction is not a related party transaction, and no special rights (such as board appointment or capital structure restrictions) are involved. The company was formerly known as Oriental Carbon and Chemicals Limited.
This is a capital deployment of nearly Rs. 60 Crores into real estate, signaling a strategic shift or expansion into property-related investments. Shareholders should note that this is a significant use of company funds outside its traditional business, and future returns will depend on the performance of the acquired property.