Hariyana Ventures Ltd

HARIYANA VENTURES LIMITED — Trading Window closed from Oct 1, 2026 till the end of 48 hours after the announcement of Financial Results for the quarter ended September 30, 2026

AGM Details

• AGM held on 25-09-2026 from 10:00 to 10:45 AM at Nagpur (physical).
• Venue: Plot No 158, Small Factory Area, Bagadganj, Nagpur 440008.
• Record date: 18-09-2026; shareholders on record: 321.
• Voting conducted via remote e-voting and AGM poll; Scrutinizer: Jaymin Modi & Co.
• Total resolutions: 4.

Resolutions

• Resolution 1 (Ordinary): Adopt audited financials and reports; passed with no votes against.
• Resolution 2 (Ordinary): Re-appoint director retiring by rotation; passed with no votes against.
• Resolution 3 (Special): Remuneration revision for non-exec director; passed with no votes against.
• Resolution 4 (Special): Remuneration revision for MD; passed with no votes against.

Director changes

• Dinesh Agrawal retires by rotation and is re-appointed.
• Remuneration approvals: MD Harish Agrawal and non-exec director Dinesh Gangaram Agrawal approved.

AGM details

• 51st AGM held 25 Sep 2026 at 10:00 AM, Nagpur, physical venue.

E-voting and polling

• Remote e-voting ran 21–24 Sep 2026, alongside AGM polling.

Ordinary business

• Adopt audited balance sheet and P&L for year ended 31 Mar 2026.

Director appointment by rotation

• Reappointment of retiring director by rotation.

Remuneration approvals

• Approve remuneration revision for Dinesh Gangaram Agrawal exceeding limits.
• Approve remuneration revision for Harish Agrawal exceeding limits.

Voting results

• Voting results to be declared within two working days after meeting.

Book closure details

• Book closure from 19 September 2026 to 25 September 2026, inclusive.
• Purpose: for the 51st AGM of Hariyana Ventures Limited.
• AGM date and time: 25 September 2026 at 10:00 AM.
• Security: Equity shares.

Financial performance

• Revenue from operations: ₹75.69 lakhs in FY2025-26.
• Total income: ₹82.27 lakhs in FY2025-26.
• PBT: ₹61.45 lakhs in FY2025-26.
• PAT: ₹44.63 lakhs in FY2025-26.
• Net worth: ₹241.56 lakhs as on 31-Mar-2026.
• EPS: ₹7.69 (basic and diluted) for FY2025-26.
• Cash from operations: ₹111.10 lakhs in FY2025-26.
• Cash and cash equivalents: ₹71.85 lakhs at 31-Mar-2026.
• Dividend: no dividend declared for FY2025-26.

Capital structure & liquidity

• Paid-up share capital: ₹58.05 lakhs (5,80,500 shares).
• Total equity: ₹241.56 lakhs as on 31-Mar-2026.
• Total borrowings: ₹1.19 lakhs (current) as on 31-Mar-2026.
• Net debt to equity: -0.28x.
• Current ratio: 20.94x.
• ROE: 21.86%; ROCE: 26.35% for FY2025-26.

Dividend & capital allocation

• Dividend: no dividend declared for FY2025-26.

Governance, risk & controls

• Board includes three independent directors: Shital Misal, Ankit Dalmia, Saket Gawai.
• Audit Committee: 3 independent directors and 1 executive.
• Secretarial audit by Jaymin Modi & Co.; ROC filing delays remitted with extra fees.
• Vigil mechanism in place; internal controls adequate and operating effectively.

Remuneration & board decisions

• Special resolution for Dinesh Agrawal remuneration up to ₹25 lakh p.a. from 1-Apr-2026.
• Special resolution for Harish Agrawal remuneration up to ₹25 lakh p.a. from 1-Apr-2026.
• Tenure: 3 years w.e.f. 29-Sep-2024 to 28-Sep-2027.
• Remuneration may exceed 1% of net profits in certain years if required.

Related party disclosures

• Material related-party transactions include unsecured loans by MDs and repayments.
• Outstanding related-party balances as of 31-Mar-2026 NIL.

Industry outlook & risks

• ICRA expects domestic steel demand growth around 9-10% in FY2026-27.
• Key risks: price volatility, raw material costs, policy changes, currency fluctuations.
• Long-term sector outlook remains positive with supportive government policy.

Audit & compliance

• Statutory Auditor: M/s Manish N Jain & Co.
• Internal Auditor: M/s Sonu Sharma & Associates.
• Secretarial Auditor: M/s Jaymin Modi & Co.
• Secretarial compliance noted delays with additional ROC filing fees.

AGM details

• AGM held physically on 25 September 2026 at 10:00 AM at the registered office.
• Record/Book closure from 19 September to 25 September 2026 (inclusive).
• E-voting window 21–24 September 2026; cut-off date 18 September 2026.

Ordinary business

• Adopt audited standalone financial statements for year ended March 31, 2026.
• Re-appointment of Dinesh Agrawal, retires by rotation.

Special business – remuneration approvals

• Remuneration of Dinesh Gangaram Agrawal revised beyond limits up to Rs 25 LPA.
• Remuneration of Harish Agrawal revised beyond limits up to Rs 25 LPA; tenure 29-Sep-2024 to 28-Sep-2027.

51st AGM planning and governance actions

• Fixed 51st AGM date/time/venue: 25 Sep 2026, 10:00 AM, Nagpur.
• Approved Calendar of Events, Annual Report 2025-26, Directors' Report, and Draft Notice.
• Register to close 19-25 Sep 2026 for AGM shareholding records.
• Remuneration revision approved for Mr. Dinesh Agrawal beyond Section 197 limits.
• Remuneration revision approved for Mr. Harish Agrawal beyond Section 197 limits.
• Appointed M/S Jaymin Modi & Co as Scrutinizer for the AGM.
• Cut-off date to determine voting rights: 18 Sep 2026.
• E-voting window: 21-24 Sep 2026.

Meeting Details

• Date: 02 September 2026; Time: not disclosed; Venue: Registered Office, Nagpur.

Key Agenda Items

• Fix the date, time and venue of the AGM.
• Consider and approve the Calendar of Events for the 51st AGM.
• Prepare Director’s Report for FY ended 31 March 2026 and draft AGM Notice.
• Close Register of Members and Share Transfer Books for AGM.
• Appoint M/s Jaymin Modi & Co as the AGM Scrutinizer.
• Fix the cut-off date and dates for e-voting.
• Consider and approve the Annual Report for FY 2025-26.

Other Notes

Disclosure details

• Target company: Hariyana Ventures Limited.
• Disclosing party: Krishanu Agrawal (Promoter group).
• Regulatory disclosures under Reg 29(2) SAST and Reg 7(2) PIT filed.