In the match reduced to 30-overs a side, the Indian side made 209 for seven with opener Karan Rai (56 not out) and Aditya Jain (91), the no 3 batsmen making the bulk of scoring.
Spinner Ubaib took two wickets for 42 runs while left-arm medium fast bowler Bilal Afridi grabbed one for 38.
In reply, AG XI crawled to 177 for six in the stipulated 30 overs. Opener Shahzad made 50, while Abdul Mateen remained unbeaten on 51.
Pradeep Sagwan picked two for 18 while Rahul Mehta, Aditya Jain and Vijay Yadav picked one wicket apiece to give the team a one match lead in the five match series.