Best Agrolife Limited has informed the Exchange regarding Change in Director(s) of the company.
BESTAGRO · price
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Best Agrolife has overhauled its board effective July 2, 2025. Mr. Surendra Sai Nallamalli has been appointed as Additional Director and Whole-Time Director for a 5-year term; he is a technologist with DRDO and private sector background and is related to Mr. Vimal Kumar, the Managing Director. Mr. Pramod Narayan Karlekar, a chemical engineer and former MD of Cheminova India / country head of FMC India, has joined as Non-Executive Non-Independent Director. On the exit side, Whole-Time Director Mr. Balavenkatarama Prasad Suryadevara resigned citing health issues, and Non-Executive Director Mr. Shuvendu Kumar Satpathy resigned due to family circumstances. All five board committees (Audit, Nomination & Remuneration, Stakeholder Relationship, CSR, and Risk Management) have been reconstituted accordingly. Both outgoing directors confirmed there are no other material reasons for their resignations.
The appointment of a promoter-family member as Whole-Time Director strengthens promoter control at the operational level, while Karlekar's deep agrochemical industry experience adds strategic capability. Two director exits in a single board reshuffle may cause short-term uncertainty, but the company has ensured continuity by immediately reconstituting all key committees.