Nova Agritech Limited has intimated the stock exchanges of the resignation of its Company Secretary & Compliance Officer, Ms. Neha Soni (Membership No. FCS 13390), effective 16th May 2026, from the close of business hours. The disclosure was made under Regulation 30 read with para "A" of Part "A" of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and in compliance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024.

Resignation Details

Ms. Neha Soni tendered her resignation vide letter dated 15th May 2026, citing the pursuit of alternative career opportunities as the reason for her departure. The Board of Directors approved the resignation through a circular resolution passed on 15th May 2026. The company has received confirmation from Ms. Soni that there are no other material reasons for her resignation beyond those stated in her resignation letter.

The key details of the resignation are summarised below:

Regulatory Compliance

The intimation was submitted to both BSE Limited and the National Stock Exchange of India Limited on 15th May 2026. The disclosure, along with the resignation letter, was enclosed as Annexure A in accordance with the applicable SEBI circular. The communication was signed by Rajesh Cherukuri, Whole-Time Director (DIN: 09840611), on behalf of Nova Agritech Limited.

In her resignation letter addressed to the Board of Directors, Ms. Soni confirmed that no material reason other than alternative career opportunities prompted her decision. She also acknowledged the support and cooperation extended by the Board and management during her tenure with the company. The resignation was formally accepted by Kiran Kumar Atukuri, Managing Director (DIN: 08143781).

Nova agritech Limited has issued a formal response to both BSE and NSE regarding queries about significant movement in its stock price across exchanges in recent times. The company's response, dated April 10th, 2026, addresses concerns raised by the stock exchanges through their surveillance communications dated April 9th, 2026.

Company's Position on Price Movement

The company has categorically stated that it has made all necessary disclosures in a timely and accurate manner, maintaining full compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Nova Agritech emphasized that no material information has been withheld from the exchanges or investors.

Regulatory Compliance Assurance

Nova Agritech has assured both exchanges that it maintains strict adherence to disclosure norms and has not shared any price sensitive information with market intermediaries or other parties. The company stated that there are no pending announcements that could impact the price or volume behavior of its securities.

Exchange Communications

The response addresses specific communications from both major Indian stock exchanges:

• BSE Email reference: L/SURV/ONL/PV/APJ/ 2026-2027 / 3638 dated April 9th, 2026
• NSE Letter reference: NSE/CM/Surveillance/16786 dated April 9th, 2026

Future Disclosure Commitment

The company has reaffirmed its commitment to continue making all requisite disclosures to stock exchanges regarding any price sensitive information in accordance with SEBI regulations. Company Secretary and Compliance Officer Neha Soni signed the response, emphasizing the company's dedication to maintaining transparency and regulatory compliance.

The clarification serves to address market concerns and reaffirm the company's position that recent stock price movements are market-driven rather than based on any undisclosed corporate developments.