Change in Director / Key Managerial Personnel
Nature of change: Re-appointment of Whole-Time Director
Name and DIN: Mr. Rajesh Cherukuri (DIN: 09840611)
Effective date and tenure: Re-appointed for a period of 3 years commencing from 02nd April, 2027 and ending on 01st April, 2030
Brief profile and qualifications: Mr. Rajesh Cherukuri, aged 39 years, holds an NTTF Diploma in Mechatronics from the Tuticorin campus in Tamil Nadu (2007). He started his career as a Robotics Engineer at OMAX Autos Ltd and has worked for reputable businesses including ANZ International, Nash Industries, Tata Power Systems Ltd, and Aptar Beauty & Home India Pvt.Ltd in positions ranging from Senior Robotics Engineer to Senior Manager. He is from Ongole, Andhra Pradesh, which is recognized as India's agricultural hub.
Confirmation of eligibility: The company confirmed that Mr. Rajesh Cherukuri 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: Except Mr. Rajesh Cherukuri being the appointee Director and his relatives, none of the Directors and/or other Key Managerial personnel of the Company and their relatives are in any way concerned or interested financially or otherwise in the respective Resolution.
Approval process: The re-appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee of the Company, subject to shareholder approval. The shareholders approved the re-appointment with requisite majority at the 19th Annual General Meeting held on 28th September, 2026.
Key Financial or Operational Approvals
No financial or operational approvals were disclosed in this filing beyond the director re-appointment.
Strategic or Business Context
No specific business outlook, risks, trends, or strategic developments were disclosed in this filing.
Any Other Material Information
Regulatory compliance: The filing includes compliance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 regarding disclosure requirements for director appointments.
Company details: Nova Agritech Limited (CIN: L01119TG2007PLC053901), Registered Office: Sy.No.251/A/1., Singannaguda Village Mulugu Mandal, Medak, Siddipet - 502279, Telangana, India. Trading Symbol: NOVAAGRI, Scrip Code: 544100.