Change in Director / Key Managerial Personnel

Nature of change: Appointment of new Senior Management Personnel and cessation of existing personnel.

Appointment Details:

  • Name: Dr. Mallikharjuna Rao Nagineni
  • Designation: Senior Vice President, Human Resources
  • Effective Date: October 20, 2026
  • DIN: Not provided

Brief Profile: Dr. Mallikharjuna Rao Nagineni is a seasoned Human Resources professional with over 25 years of experience across strategic human resource management, industrial relations, organisational development, talent management, employee engagement and business partnering. He has held leadership positions with organisations including Mylan Laboratories Limited, Mahindra & Mahindra Limited, Kewalram Chanrai Group and Biological E. Limited.

Qualifications:

  • Ph.D. in HR for Competency Development and Strategic Human Resources from Berhampur University
  • Master of Law from Annamalai University
  • Master of Industrial Relations & Personnel Management from Nagpur University
  • Master of Business Administration from Nagpur University

Experience: Extensive experience in HR transformation, mergers and acquisitions, workforce integration, organisational restructuring, industrial relations and people strategy across domestic and international operations.

Cessation Details:

  • Name: Mr. Prasad Lad
  • Previous Designation: Vice President - HR & Administration
  • Effective Date of Cessation: October 20, 2026
  • Reason: Forthcoming retirement

Confirmation of Eligibility: The appointment was based on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors through Circular Resolution passed on October 20, 2026.

Regulatory Compliance: The disclosure is made pursuant to Regulation 30 read with Schedule III and other applicable provisions of the SEBI Listing Regulations, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Any Other Material Information

Company Details:

Filing Details:

  • Date of Disclosure: October 20, 2026
  • Digital Signature Timestamp: 2026.10.20 15:28:30 +05:30