Viyash Scientific appoints Dr. Nagineni as SVP HR amid leadership change
- Viyash Scientific Limited appointed Dr. Mallikharjuna Rao Nagineni as SVP HR effective October 20, 2026
- Mr. Prasad Lad retired from his role as VP HR & Administration on the same date
- Dr. Nagineni has over 25 years of experience including stints at Mylan and Mahindra & Mahindra
- The appointment was approved by the Board via circular resolution on October 20, 2026
*this image is generated using AI for illustrative purposes only.
Viyash Scientific Limited appointed Dr. Mallikharjuna Rao Nagineni as Senior Vice President, Human Resources, effective October 20, 2026. This appointment marks a transition in the company's senior management personnel (SMP), coinciding with the retirement of the previous incumbent.
The Board of Directors approved the appointment based on the recommendation of the Nomination and Remuneration Committee. The decision was formalized through a circular resolution passed on October 20, 2026. Concurrently, Mr. Prasad Lad, Vice President - HR & Administration, ceased to be a Senior Management Personnel due to his forthcoming retirement.
Profile of new appointee
Dr. Mallikharjuna Rao Nagineni brings over 25 years of experience in strategic human resource management, industrial relations, organizational development, talent management, and employee engagement. His career includes leadership roles at prominent organizations such as Mylan Laboratories Limited, Mahindra & Mahindra Limited, Kewalram Chanrai Group, and Biological E. Limited.
He holds a Ph.D. in HR for Competency Development and Strategic Human Resources from Berhampur University, along with a Master of Law from Annamalai University. Additionally, he possesses a Master of Industrial Relations & Personnel Management and an MBA from Nagpur University. His expertise spans HR transformation, mergers and acquisitions, workforce integration, and people strategy across domestic and international operations.
Transition details
The change in senior management was intimated to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following table summarizes the key details of the leadership transition:
| Particulars | Incoming Personnel | Outgoing Personnel |
|---|---|---|
| Name | Dr. Mallikharjuna Rao Nagineni | Mr. Prasad Lad |
| Designation | Senior Vice President, Human Resources | Vice President, HR & Administration |
| Reason for Change | Appointment | Cessation due to retirement |
| Effective Date | October 20, 2026 | October 20, 2026 |
This leadership update ensures continuity in the human resources function, leveraging Dr. Nagineni's extensive background in industrial relations and organizational restructuring to support the company's operational goals.
Historical Stock Returns for Viyash Scientific
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.16% | -5.53% | -7.43% | +6.18% | +2.77% | 0.0% |
How might Dr. Nagineni's specific experience in M&A workforce integration influence Viyash Scientific's future acquisition strategy?
What immediate changes to employee engagement programs or compensation structures can be expected under the new HR leadership?
Will the transition from Mr. Lad to Dr. Nagineni impact Viyash Scientific's existing industrial relations agreements or labor negotiations?
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