We wish to inform you Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that the Board of Directors at their Meeting held today ....
Awaiting price reaction for this filing.
At the November 5, 2025 board meeting, Nagarjuna Agri Tech approved the appointment of Mrs. Rachna Suman Shaw as Additional Director and proposed her as Managing Director (subject to shareholder approval). She holds a Master's in Biotechnology and runs an agro food processing startup; she is the sister-in-law of Mr. Rajesh Shaw. Mr. Somenath Chatterjee, a banker with 25+ years of experience, was appointed as an Additional Non-Executive Independent Director for five years. Mr. Sumit Sengupta was redesignated from Managing Director to Whole-time Director on the same terms. Mr. Altab Uddin Kazi resigned as Independent Director citing other personal commitments. A proposal to raise authorised share capital from Rs. 30 crore to Rs. 35 crore failed to get the required majority and will be revisited. The board also approved the unaudited Q2/H1 FY26 results (quarter ended September 30, 2025), reporting basic EPS of Rs. 0.51 for the quarter.
For shareholders: the management reshuffle brings a new MD with an agro-food background and a banking/finance professional on board, which could reshape strategy. The failed share capital hike limits fundraising flexibility for now. The resignation of an Independent Director triggers committee reconstitution but no immediate operational impact.