AVG Logistics Ltd

AGM Details

• Date: 25 September 2026; Time: 10:30 A.M.; Mode: Physical at Delhi venue.
• Record date: 18 September 2026.

Resolutions Put to Vote

• Resolution 1 (Ord): Adopt Audited Standalone and Consolidated financial statements for the year ended 31 March 2026.
• Resolution 2 (Ord): Declare final dividend of Re 1.2 per equity share.
• Resolution 3 (Ord): Re-appoint Mr. Sanjay Gupta by rotation.
• Resolution 4 (Ord): Increase authorised capital from Rs 21 Cr to Rs 25 Cr.
• Resolution 5 (Special): Approve ESOS, 2026.
• Resolution 6 (Special): Approve issuance of ESOs in excess of 1% of issued capital.
• Resolution 7 (Special): Continue Independent Director Susheel Tyagi post age 75.
• Resolution 8 (Special): Regularise and appoint Sumit Garg as Whole-time Director for 5 years.

Voting Results

• All resolutions passed by overwhelming majorities with minimal dissent.
• Resolution 2 involved four members' votes not counted due to interest.

Dividend

• Final dividend of Re 1.2 per equity share approved.

Director Changes

• Sanjay Gupta re-appointed by rotation.
• Susheel Kumar Tyagi to continue as Independent Director post 75 years.
• Sumit Garg to be Regularised as Whole-time Director for 5 years.

Other Approvals

• ESOS approvals and capital increase approved.

AVG Logistics Limited: Trading window closed from October 1, 2026 till 48 hours after the declaration of un-audited financial results (standalone and Consolidated) for the quarter and half year ending September 30, 2026.

AGM Details

• Date/time: 25 Sep 2026, 10:30 AM, in-person at Delhi venue.
• Mode: In-person; venue Bliss and Blessings Banquet near Jhilmil Metro.
• Attendance: 55 shareholders attended.
• E-voting window: 9:00 AM 22 Sep to 5:00 PM 24 Sep 2026.
• Results timing: Voting results to be submitted separately; Scrutinizer's Report awaited.

Resolutions

• Ordinary: Adopt audited standalone and consolidated financial statements for FY 2025-26. (Status: Pending).
• Ordinary: Declare final dividend of Re 1.2 per share. (Status: Pending).
• Ordinary: Re-appoint Mr. Sanjay Gupta by rotation. (Status: Pending).
• Special: Increase authorised capital from Rs 21 Cr to Rs 25 Cr. (Status: Pending).
• Special: Approve ESOS, 2026. (Status: Pending).
• Special: Approve ESOs in excess of 1% of issued capital. (Status: Pending).
• Special: Continue Independent Director Susheel Kumar Tyagi past age 75. (Status: Pending).
• Special: Regularise and appoint Sumit Garg as Whole-time Director for 5 years. (Status: Pending).

Financial performance

• Standalone revenue from operations: ₹55,633.50 lakh in FY2025-26, up from ₹55,081.39 lakh.
• Standalone EBITDA: ₹11,245 lakh; margin 19.3%.
• Standalone PBT: ₹3,415.79 lakh; margin 5.9%.
• Standalone PAT: ₹2,594.55 lakh; margin 4.70%.
• Consolidated revenue: ₹55,740.91 lakh; Consolidated PAT: ₹2,617.21 lakh; Consolidated EPS: ₹17.38.
• Standalone EPS: ₹17.23; Consolidated EPS: ₹17.38.
• Standalone debt/equity: 0.67x; Current ratio: 1.97x.

Operations & capacity

• Fleet size: 3,000+ vehicles; 850+ owned.
• Warehousing: about 7.40 lakh sq ft across 8 facilities; 50,000 sq ft owned facility coming up.
• Liquid Cargo vertical launched with 96 ISO tanks.
• LNG-powered trucks deployed; 5 high-tonne EVs on Tata Steel routes.

Capital allocation & dividends

• Rights issue June 2026: 3,650,356 equity shares issued.
• Paid-up capital increased to ₹18.70 crore post-rights issue.
• Final dividend proposed: ₹1.20 per equity share (12%).
• Record date: 18 Sep 2026; payment by 24 Oct 2026.

Governance

• CFO changes: Himanshu Sharma resigned Nov 21, 2025; Rajesh Rohilla appointed Jan 23, 2026.
• Sumit Garg appointed Additional Director and Whole-time Director (Aug 14, 2026).
• Board: 6 directors; 3 independent; 1 woman director.
• Audit Committee: 3 members (2 Independent, 1 Executive); 5 FY26 meetings.
• Secretarial audit by K Vivek & Co; Annexure VI.

Strategy & sustainability

• Strategic expansion: LNG and green logistics via Carbonlite JV; Liquid Cargo rail vertical.
• Digital operations: ERP, WMS, RFID; central control tower; real-time visibility.
• Sustainable logistics: LNG, EVs, rail; emissions reduction focus.
• Outlook: FY2026-27 expansion across steel, cement, chemicals; warehousing and CFS growth.

Subsidiaries & associates

• Galaxy Packers and Movers Private Limited: 100% subsidiary.
• Kaizen Logistics: 99% subsidiary.
• AVG Sunil Liquid Logistics Private Limited ceased 12 Aug 2025.
• NDR AVG Logistics LLP: Associate as of 01 Jan 2026; 30% holding.

CSR & ESG

• CSR spend: ₹44.59 lakh; 2% avg net profit requirement: ₹43.34 lakh.
• Focus: healthcare, education, animal welfare; multiple community programs.
• Environment: LNG and electric vehicles; Sai Nursing project in Goa; environmental awareness.

Outlook & risks

• Outlook: FY2026-27 growth via multimodal expansion and green logistics.
• Risks: fuel price volatility, geopolitics, competition, cyber risk and regulatory changes.

Geography & network

• Pan-India footprint: 70+ branches; 8 rail routes; 19,000+ pin codes.
• Warehousing: 7.40 lakh sq ft; 8 facilities; 3,000+ partner vehicles.

Financials

• Standalone revenue from operations ₹55,633.50 lakh, up 1.06% YoY.
• Standalone EBITDA ₹11,245 lakh; margin 19.3%, up 146 bps.
• Standalone PAT ₹2,594.55 lakh; PAT margin 4.70%.
• Consolidated revenue ₹55,740.91 lakh; PAT ₹2,617.21 lakh; EPS ₹17.38.
• Net debt ₹17,100.82 lakh; gearing 63.1%; current ratio 1.97x.

Operations & Growth

• Expanded multimodal platform with road, rail, warehousing; 3,000+ vehicles.
• Launched Liquid Cargo vertical with 96 ISO tanks; LNG fleet expansion.
• First 5 high-tonnage 55-ton EVs deployed on Tata Steel routes.
• Strategic JV with Baidyanath for LNG transportation; long-term Haldiram contract.
• PepsiCo 3PL engagement at Kosi Kalan; warehousing expansion Agartala.
• 4 lakh sq ft warehousing across 8 facilities; 70+ branches.

Liquidity & Capital

• Net debt rose to ₹173 crore; debt/equity 0.67x; current ratio 1.97x.
• Rights issue post-year added 36,50,356 shares; paid-up capital to ₹18.70 crore.
• Capex ₹618.16 million; fleet and warehousing expansion.

Dividends & Allocation

• Final dividend of ₹1.20 per share proposed; record date 18 Sep 2026.
• Dividend payout subject to AGM approvals; payment window 26 Sep–24 Oct 2026.
• Rights issue post-year aligns with capital discipline.

Governance & Risk

• 6-member Board; 3 Independent Directors; CFO changes in 2026.
• Sumit Garg appointed Whole-time Director from Aug 14, 2026; 5-year term.
• Special resolutions on ESOS and continuation of Tyagi beyond 75.
• Independent Directors confirm compliance; no material governance lapses.

CSR & ESG

• CSR spent ₹44.59 lakh; focus on healthcare, education, environment.
• Projects include hunger relief, Swachh Bharat, environmental sustainability.
• CSR aligned with Schedule VII; board-approved policy.

Subsidiaries & Associates

• Galaxy Packers & Movers Private Limited – 100% subsidiary.
• Kaizen Logistics – 99% subsidiary; AVG Sunil Liquid Logistics ceased Aug 2025.
• NDR AVG Logistics LLP (associate) disposed Jan 2026.

Outlook

• Outlook FY2026-27: expand multimodal capabilities; strengthen green logistics.
• Focus on LNG, EV, rail-led freight; digital fleet visibility.
• Vision 2030: scale industrial logistics, expand warehousing and CFS ops.

AGM Details

• Date and time: 25 September 2026, 10:30 A.M. IST.
• Mode: Physical AGM at Bliss and Blessings Banquet, Delhi.
• Record date for dividend: 18 September 2026.
• Share register closed: 19–25 September 2026.
• Remote e-voting window: 22–24 September 2026.
• Voting results to be declared within 2 working days post AGM.

Ordinary Business

• Adopt standalone and consolidated financial statements for FY 2025-26.
• Declare final dividend of Re 1.20 per equity share for FY 2025-26.
• Re-appoint Sanjay Gupta as Director and continue as Managing Director.

Special / Capital & ESOS

• Increase Authorised Capital from 21 Cr to 25 Cr; MOA amended.
• Approve AVG Logistics Employees Stock Option Scheme - 2026.
• Approve issuance of ESOs exceeding 1% of issued capital in a year.
• Continue independent director beyond age 75 years.
• Regularise Sumit Garg as Whole-time Director for five years with remuneration.

Meeting Details

• Date and time: August 26, 2026 at 12:00 P.M.
• Type and mode: Group earnings conference call, virtual
• Event/organiser: AVG Logistics Q1 FY27 Earnings Call; Kirin Advisors

Participants

• Management present: MD & CEO; CFO

Purpose

• Discuss Q1 FY27 earnings; provide business update and growth strategy

Additional Notes

• Transcript enclosed; available on AVG Logistics website
• Conference call recording exists

Meeting Details

• Date: August 26, 2026
• Time: not disclosed
• Type: Analyst/Investor Conference Call; Mode: not disclosed
• Organizer: AVG Logistics Limited

Participants

• Key company participant: Managing Director

Purpose

• Purpose: Analyst/Investor conference call for Q1 FY2026-27 results

Additional Notes

• Recording of the conference call is available on the company website

Meeting Details

• Date and time: August 26, 2026 at 12:00 PM
• Type/mode: group virtual conference call
• Organizer: Kirin Advisors; Analyst/Investor conference call
• Purpose: discuss Q1 FY 2026-27 results and address queries

Participants

• Management speakers: MD & CEO; CFO

Additional Notes

• Open to public investors; universal dial-in details provided