India Pesticides Limited has informed the Exchange regarding Appointment of Dr. Udaya Bhaskar Mantripragada (DIN: 11169608) as Executive Director of the company w.e.f. August 19, 2025.
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India Pesticides Limited has informed the exchanges that shareholders at the 40th Annual General Meeting held on 19th August 2025 approved the regularization of Dr. Udaya Bhaskar Mantripragada as Whole-Time Director and Key Managerial Personnel for a five-year term, effective 23rd July 2025 to 22nd July 2030. He was originally appointed by the Board on 23rd July 2025, subject to shareholder approval which has now been secured. Dr. Bhaskar holds a PhD in Natural Products & Synthesis Chemistry and brings over 35 years of experience in synthetic organic chemistry, agrochemicals, and formulations, with 33 international publications and 11 patents. He is not related to any existing directors, KMPs, or promoters of the company and is not debarred by SEBI from holding a director position.
The appointment brings a senior R&D and technical expert onto the board, which should support India Pesticides' product pipeline and manufacturing capabilities. As a routine regularization of an already-acting Whole-Time Director, this is a procedural governance step with no negative implications for shareholders.