Change in Director / Key Managerial Personnel
Nature of change: Re-appointment of Non-Executive Independent Director
Name and DIN: Mr. Ramesh Babu Nemani (DIN: 08089820)
Effective date and tenure: Re-appointed for a second term of 5 years, commencing from 23rd March, 2027 and ending on 22nd March, 2032. The appointment is effective from 17th March 2027.
Brief profile and qualifications: Mr. Ramesh Babu Nemani holds a Bachelor of Commerce from M.R. Autonomous College, Vizianagaram. He has completed his Master of Commerce from Andhra University, Master of Philosophy in Commerce, and Master of Business Administration from Sri Venkateswara University. He has also completed a PG Diploma in Functional English from Andhra University.
Confirmation of eligibility: The company confirmed that Mr. Nemani has not been debarred from holding the office of Director by virtue of any SEBI Order or any other Authority, in compliance with SEBI Letter dated June 14, 2018 and BSE Circular LIST/COMP/14/2018-19 dated June 20, 2018.
Relationship with other directors: He is not related to any Director, KMP or Promoter of the Company.
Approval process: The re-appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. It was subsequently approved by shareholders with requisite majority at the 19th Annual General Meeting held on 28th September 2026.
Any Other Material Information
Regulatory compliance: The disclosure is made pursuant to Regulation 30 read with clause 7 of para "A" of part "A" of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024.
Scrip details: Trading Symbol: NOVAAGRI, Scrip Code: 544100
Company information: CIN: L01119TG2007PLC053901, Registered Office: Sy.No.251/A/1., Singannaguda Village Mulugu Mandal, Medak, Siddipet - 502279, Telangana, India