Nova Agritech Limited has informed stock exchanges about the successful completion of a separate meeting of independent directors held on March 18, 2026. The meeting was conducted in accordance with Schedule IV of the Companies Act, 2013 and Regulation 25(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Agenda and Activities

The independent directors conducted a comprehensive review during their separate meeting, focusing on two key areas of evaluation:

The directors specifically assessed whether the information flow between the company's management and the board was adequate for directors to effectively and reasonably perform their duties.

Evaluation Results

Following their comprehensive assessment, the independent directors evaluated the performance of non-independent directors, chairperson, and the board of directors of the company. The evaluation results across all reviewed parameters were found to be satisfactory.

Regulatory Compliance

This separate meeting of independent directors represents Nova Agritech Limited's commitment to maintaining strong corporate governance standards. The meeting fulfills the mandatory requirements under:

• Schedule IV of the Companies Act, 2013
• Regulation 25(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Corporate Communication

The outcome was formally communicated to both BSE Limited and National Stock Exchange of India Limited on March 18, 2026. Company Secretary and Compliance Officer Neha Soni signed the disclosure document, ensuring proper dissemination of information to all stakeholders and regulatory bodies.

Atukuri Soujanya, a member of Nova Agritech Limited's promoter group, has disclosed the acquisition of 884 equity shares through open market transactions in compliance with SEBI regulations. The acquisition represents 0.0009% of the company's total share capital and was completed on March 5 and 9, 2026.

Share Acquisition Details

The disclosure filed under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and SEBI (Prohibition of Insider Trading) Regulations, 2015 provides comprehensive details of the transaction:

Holdings Comparison

The acquisition has resulted in a marginal increase in Soujanya's shareholding in Nova Agritech Limited:

Company Share Capital Structure

Nova Agritech Limited's equity share capital structure remains unchanged following this transaction. The company maintains its total equity share capital of 9,25,19,813 equity shares with a face value of ₹2 each. The shares are listed on both BSE Limited and National Stock Exchange of India Limited.

Regulatory Compliance

The disclosure demonstrates adherence to regulatory requirements with Soujanya providing an undertaking confirming no access to unpublished price sensitive information and compliance with the company's insider trading code of conduct. The promoter group member has committed to full indemnification of the company in case of any regulatory violations and authorized recovery of profits if the transaction contravenes applicable laws.

The formal disclosure was submitted to Nova Agritech Limited's Compliance Officer Neha Soni on March 9, 2026, with copies provided to both stock exchanges where the company's shares are listed.