Announced Wed, 17 Dec · 13:01 IST

We wish to inform you that Mr. Rajendra Naniwadekar is appointed as Managing Director of the Company with effect from 15.12.2025.

Ceo Appointed ExternalManagement Changes View source PDF

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AI summary

Hindustan Agrigenetics Limited has appointed Mr. Rajendra Naniwadekar as its Managing Director effective from the close of business hours on 15th December 2025. Mr. Naniwadekar is an Investment Strategist and independent consultant with expertise in valuation, capital structure, and mergers & acquisitions, and holds an MBA in Finance. He previously served as President of The Hyderabad Stock Exchange Limited and a member of its Governing Board for over a decade. The company confirmed he has no inter-director relationships and is not a willful defaulter or barred by any regulator.

Likely market impact

The appointment brings an experienced finance professional to lead the company, which may bring strategic direction in capital and corporate finance matters. For shareholders, this signals a key leadership change at the top, and the market will watch how the new MD steers the company's growth going forward.