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AG Ventures Limited (formerly Oriental Carbon & Chemicals Limited) held its 45th AGM on July 28, 2025, via video conferencing from 2:00 PM to 2:43 PM. All six resolutions were passed with overwhelming shareholder approval, with over 99.98% of votes polled in favour on every resolution. The resolutions covered: (1) adoption of FY25 audited financial statements, (2) re-appointment of Mr. Arvind Goenka as a director retiring by rotation, (3) shifting the registered office from Gujarat to Uttar Pradesh, (4) payment of commission/remuneration to Mr. Akshat Goenka as Non-Executive Director for FY26, (5) appointment of Mrs. Mitali Gupta as Independent Director for 5 years, and (6) appointment of M/s. P. Sarawagi & Associates as Secretarial Auditors for FY26–FY30. Out of 32,629 shareholders on the record date (July 21, 2025), only 6 promoters and 31 public shareholders attended via VC, while 56.54% of outstanding shares were voted through e-voting. No invalid votes were recorded, and P.K. Sarawagi of P. Sarawagi & Associates served as scrutinizer.
All resolutions sailed through with negligible dissent, reflecting strong promoter backing (51.77% of shares voted entirely in favour). The approved shift of the registered office from Gujarat to Uttar Pradesh is a noteworthy structural change shareholders should track. Related-party remuneration to Akshat Goenka (with 4,07,500 promoter-group shares voting in favour) also received near-unanimous support, suggesting no significant public shareholder opposition on governance matters.