Summary of Proceedings of 46th Annual general meeting

AG VENTURES LIMITED (Formerly Oriental Carbon and Chemicals Limited) Phone: +91-120-2446850, Email: investors@agventures.co.in Website: www.agventuresltd.com, CIN: L64990UW1978PLC249903 July 24, 2026 The Manager BSE Limited Department of Corporate Services Floor 25, P.J. Towers, Dalal Street Mumbai – 400001 Scrip Code : 506579 Dear Sir(s), Sub: Summary of Proceedings of the 46th Annual General Meeting of the Company held on Friday, 24th July 2026 In accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, (“SEBI Listing Regulations”), we are pleased to submit the summary of proceedings of the 46th Annual General Meeting (“AGM”) of AG Ventures Limited (formerly Oriental Carbon and Chemicals Ltd) (“the Company”) held on Friday, 24th July 2026 through Video Conferencing (‘VC’) or Other Audio Visual Means (‘OAVM’). The AGM commenced at 11:00 a.m. (IST) and concluded at 11:58 a.m. (IST). You are requested to take the above information on record. Thanking you, Yours faithfully, For AG Ventures Limited (Formerly Oriental Carbon & Chemicals Limited) Arvind Goenka Chairman DIN: 00135653 Encl. As above Registered and Corporate O(cid:431)ice: 14th Floor, Tower-B, World Trade Tower, Plot No. C-1, Sector-16, Noida, Gautam Buddha Nagar, Uttar Pradesh- 201301 AG VENTURES LIMITED (Formerly Oriental Carbon and Chemicals Limited) Phone: +91-120-2446850, Email: investors@agventures.co.in Website: www.agventuresltd.com, CIN: L64990UW1978PLC249903 Annexure-A SUMMARY OF PROCEEDINGS OF THE 46TH ANNUAL GENERAL MEETING In compliance with the General Circulars issued by the Ministry of Corporate Affairs (MCA) and Circulars issued by the Securities and Exchange Board of India (SEBI) and as per the applicable provisions of the Companies Act, 2013 and the Rules made thereunder, the 46th Annual General Meeting (the “AGM” or the “Meeting”) of the Members of AG Ventures Limited (Formerly Oriental Carbon & Chemicals Limited) (the “Company”) was duly convened and held on Friday, 24th July, 2026, through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”). The Meeting commenced at 11:00 a.m. (IST) and concluded at 11:58 a.m. (IST) (including the time allowed for e-voting at AGM). Mr. Gaurav Jain, Chief Executive Officer, welcomed the Members attending the AGM. He informed the Members that, consequent to the resignation of Mr. Vipin, the Company Secretary, the office of the Company Secretary was vacant. Accordingly, Ms. Shanu Gupta, Company Secretary of Duncan Engineering Limited, a subsidiary of AG Ventures Limited, was requested to assist in conducting the proceedings of the Meeting. Thereafter, Ms. Shanu Gupta briefed the Members on the general instructions regarding participation and voting at the Meeting.It was also stated that the Company had provided its members with the facility to exercise their right to vote on resolutions proposed to be considered at the AGM, by electronic means (remote e-voting). The remote e-voting period began on July 21, 2026 at 9.00 a.m. (IST) and ended on July 23, 2026 at 5.00 p.m. (IST). During this period, Members of the Company, who held shares either in physical form or in dematerialized form, as on the cut-off date being July 17, 2026, were eligible to vote by electronic means or at the AGM. Further, members present at the Meeting could cast their votes by means of electronic voting (e-voting) that was made available during and for 15 minutes after the conclusion of the Meeting, in respect of all the resolutions. Members who had already cast their votes through remote e-voting system were requested to abstain from the e-voting process at the Meeting as the votes cast through remote e-voting prevail and further e-voting at the Meeting is treated invalid. The Meeting was attended by Mr. Arvind Goenka and Mr. Akshat Goenka, Non-Executive Directors, Mr. Rajat Jain and Mrs. Rachna Lodha, Independent Directors, Mr. Gaurav Jain, Chief Executive Officer and Ms. Shanu Gupta, Company Secretary of Duncan Engineering Limited, Subsidiary of the Company and representatives of the Statutory Auditors and the Secretarial Auditors. The Directors elected Mr. Arvind Goenka, Non-Executive Director as the Chairman of the Meeting. The requisite quorum being present, the Chairman commenced the proceedings of the Meeting at 11:00 a.m. and stated that since the Meeting is being conducted virtually where members can join in person, the proxy facility is not necessitated and accordingly has not been provided. The Registers as required under the Companies Act, 2013 were available for inspection. On Chairman's proposal, the Directors elected Mr. Akshat Goenka as Alternate Chairman to maintain the continuity of the Meeting in the unlikely event of technology connectivity being lost for the Chairman. Registered and Corporate O(cid:431)ice: 14th Floor, Tower-B, World Trade Tower, Plot No. C-1, Sector-16, Noida, Gautam Buddha Nagar, Uttar Pradesh- 201301 AG VENTURES LIMITED (Formerly Oriental Carbon and Chemicals Limited) Phone: +91-120-2446850, Email: investors@agventures.co.in Website: www.agventuresltd.com, CIN: L64990UW1978PLC249903 The Notice convening the AGM was taken as read. The Chairman stated that the report from the Statutory Auditors did not contain any qualification, reservation or adverse remark. The report by the Secretarial Auditor, M/s. P. Sarawagi & Associates provides that during the year under review, the Company has complied with the applicable provisions of the acts, rules, regulations, standards, etc., mentioned above, and there was no other qualification, reservation or adverse remark which has any adverse effect on the functioning of the Company and were therefore, taken as read with permission of the members present. He then introduced the Directors present at the Meeting. The Chairman informed that the Company has appointed Mr. Pawan Kumar Sarawagi, Proprietor of M/s. P. Sarawagi & Associates, Practicing Company Secretaries, as Scrutinizer for the remote e-voting and the e-voting at the Meeting. Mr. Arvind Goenka then addressed the Meeting and briefed the Members on the operational and financial performance of the Company for the financial year ended March 31, 2026. Thereafter, members who had registered themselves as speakers were requested to ask questions and /or express their views, which were later responded to / addressed by Mr. Akshat Goenka and Mr. Gaurav Jain. After answering the pertinent and material questions raised by speaker shareholders, the following items of business as set out in the Notice were put for the Members' approval by way of e-voting: Resolution Item required Mode of No. Details of the Agenda (Ordinary/Special) Voting To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 1 31, 2026, the Audited Consolidated Financial Statements of the Company for the said financial year and the Reports of the Ordinary Board of Directors and Auditors thereon Remote e- To appoint a Director in place of Mr. Akshat voting Goenka [DIN: 07131982], who retires by before/ rotation and being eligible, offers himself for during the re-appointment. AGM To approve payment of Commission/ Remuneration to Mr. Akshat Goenka, Non- 3 Special Executive Director of the Company for the Financial Year 2026-27. Registered and Corporate O(cid:431)ice: 14th Floor, Tower-B, World Trade Tower, Plot No. C-1, Sector-16, Noida, Gautam Buddha Nagar, Uttar Pradesh- 201301 AG VENTURES LIMITED (Formerly Oriental Carbon and Chemicals Limited) Phone: +91-120-2446850, Email: investors@agventures.co.in Website: www.agventuresltd.com, CIN: L64990UW1978PLC249903 The members were informed that the consolidated result of remote e-voting and e-voting conducted at the AGM would be declared within 48 hours of the conclusion of the AGM and will be shared with the Stock Exchanges and uploaded on the websites of the Company. M [Showing first 8,000 characters — download PDF for full document]