Annual General Meeting and Annual Report

  • Approved the notice of Twenty-Fourth (24th) Annual General Meeting (AGM) for the financial year ended March 31, 2026
  • Decided to convene the 24th AGM on Tuesday, September 29, 2026, at 11:00 AM through VC/OAVM Facility
  • Approved the Board's Report along with the Annual Report for FY 2025-26

Auditor Appointments

Based on the recommendation of the Audit Committee, the Board approved:

  • M/s HPN & Associates as Secretarial Auditor for Financial Year 2026-27 (FRN: 2019TN696300)
  • M/s Chandramouli and Associates LLP as Internal Auditor for Financial Year 2026-27 (FRN: 014844S/S000068)
  • M/s Yogesh Gupta and Associates as Cost Auditor for Financial Year 2026-27 (FRN: 000373)
  • All auditor appointments are effective from August 25, 2026

Director Appointments and Reappointments

Based on the recommendation of the Nomination and Remuneration Committee:

New Appointment:

  • Mr. Bhagirath Choudhary (DIN: 03224386) appointed as Additional Director (Independent and Non-Executive) for a first term of three consecutive years with effect from August 25, 2026, subject to shareholder approval

Reappointments:

  • Dr. Gopal Krishna Raju (DIN: 00860886) reappointed as Independent Director for a second term of three consecutive years with effect from December 11, 2026, subject to shareholder approval
  • Dr. Charudatta Digambar Mayee (DIN: 03607287) reappointed as Independent Director for a second term of three consecutive years with effect from December 11, 2026, subject to shareholder approval

Redesignations:

  • Mr. Krishnamurthy Ganesan (DIN: 00270539) redesignated from Managing Director to Chairman and Executive Non-Independent Director liable to retire by rotation, effective November 01, 2026, subject to shareholder approval
  • Mr. Prashant Krishnamurthy (DIN: 02179512) redesignated from Executive Director to Managing Director not liable to retire by rotation, effective November 01, 2026, subject to shareholder approval

Changes in Key Managerial Personnel

Resignation and Redesignation:

  • Mr. Prashant Krishnamurthy resigned as Chief Financial Officer (CFO) effective close of business hours on October 31, 2026
  • He will be redesignated as Managing Director effective November 01, 2026, subject to shareholder approval

New Appointments:

  • Mr. Amarendra Mohapatra elevated to Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective November 01, 2026
  • Mr. Kush Mishra appointed as Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP) effective August 25, 2026

Remuneration Revision

  • Revision in remuneration payable to Mr. Krishnamurthy Ganesan (DIN: 00270539), Mr. Prashant Krishnamurthy (DIN: 02179512), and Mrs. Lalitha Krishnamurthy (DIN: 00425675) with effect from November 01, 2026, subject to shareholder approval

Director Profiles and Disclosures

Mr. Bhagirath Choudhary: Founder Director of South Asia Biotechnology Centre (SABC), Government of India-recognized SIRO, agricultural engineer with over 25 years of experience in sustainable agriculture and bioeconomy

Dr. Gopal Krishna Raju: Chartered Accountant with expertise in taxation, insolvency, and regulatory management, currently serves as an Independent Director in various positions

Dr. Charudatta Digambar Mayee: Distinguished agricultural scientist with over 30 years of experience in pathology, biotechnology, and agricultural policy, former Vice Chancellor of Marathwada Agricultural University

Mr. Krishnamurthy Ganesan: Post graduate in Chemistry, founder of consulting firm "MAHAM CONSULTANTS" in 2000, with extensive experience in the agrochemical sector

Relationship Disclosures:

  • Mr. Krishnamurthy Ganesan is the father of Mr. Prashant Krishnamurthy and husband of Mrs. Lalitha Krishnamurthy
  • No other directors are related to each other or to key managerial personnel
  • All directors affirm they are not debarred from holding office pursuant to any SEBI order or other authority

New KMP Profiles

Mr. Amarendra Mohapatra: Chartered Accountant and Law Graduate with over 17 years of experience in finance, audit, taxation, regulatory compliance, and corporate governance

Mr. Kush Mishra: Qualified Company Secretary (June 2019), M.Com degree, NSE Certified Market Professional with experience in commerce and company practice

Resignation Letters Included

The disclosure includes resignation letters from:

  • Mr. Krishnamurthy Ganesan relinquishing Managing Director position effective October 31, 2026, requesting redesignation as Chairman and Executive Non-Independent Director
  • Mr. Prashant Krishnamurthy resigning as CFO effective October 31, 2026, requesting redesignation as Managing Director

Both confirm no material reasons for resignation other than stated purposes and smooth transition.