Bartronics India Limited, a company known for its technological solutions, has announced the appointment of Mr. Panidapu Lakshmi Naga Srinivasa Rao as a Non-Executive Independent Director. The appointment, effective from June 19, 2025, is for a term of five years and has been approved by the company's shareholders.

Experienced Professional Joins the Board

Mr. Rao brings over two decades of diverse experience to Bartronics India. His expertise spans across engineering, management consulting, private equity, and cross-border mergers and acquisitions. As the Founder and Director of TOP2 PTE. LTD., a Singapore-based strategic advisory firm, Mr. Rao has been instrumental in guiding high-growth startups, institutional investors, and enterprises on fundraising and strategic transactions across Southeast Asia.

Professional Background

Prior to his current role, Mr. Rao held positions at Kusto Capital and McKinsey & Company, further enhancing his credentials in business strategy and financial planning. His educational background includes an MBA from HHL Leipzig Graduate School of Management, Germany, and a Bachelor's degree in Engineering from Andhra University, India.

Compliance and Independence

In compliance with regulatory requirements, Bartronics India has confirmed that Mr. Rao is not related to any directors, key managerial personnel, or promoters of the company. Additionally, the company has verified that Mr. Rao has not been debarred from holding a directorship by any regulatory authority.

Shareholder Approval and Other Corporate Updates

The appointment of Mr. Rao was approved by the shareholders through a postal ballot, as per the scrutinizer's report dated July 22, 2025. Alongside this appointment, shareholders also approved two other significant resolutions:

1. Amendment to the Main Object Clause and Other Object Clause of the Memorandum of Association
2. Shifting of the company's registered office from one district to another within the state of Telangana

Voting Results

The voting results for Mr. Rao's appointment were overwhelmingly positive:

This strong shareholder support underscores the confidence in Mr. Rao's potential contributions to Bartronics India Limited's board.

The appointment of Mr. Panidapu Lakshmi Naga Srinivasa Rao as an Independent Director marks a significant addition to Bartronics India's leadership team. His extensive experience and diverse skill set are expected to bring valuable insights to the company's strategic direction and governance.

Bartronics India Limited , a technology solutions provider, has received shareholder approval for a significant expansion of its business scope through amendments to its Memorandum of Association (MOA). The company is set to diversify into high-growth sectors including agritech, dairy processing, and Ayurvedic wellness.

Expansion into Agritech

The amended MOA allows Bartronics India to develop and operate integrated agritech platforms utilizing cutting-edge technologies such as artificial intelligence, satellite imaging, and IoT sensors. These platforms aim to provide hyper-localized farm advisory services, weather alerts, and crop recommendations to farmers.

Dairy and Ayurveda Ventures

In addition to agritech, Bartronics India will now be able to engage in the procurement, processing, and marketing of dairy products, including milk, butter, cheese, and ghee. The company also plans to enter the Ayurveda and nutraceutical market, with provisions to establish wellness centers and manufacture herbal products.

Technological Integration

The company's expansion strategy heavily emphasizes the use of advanced technologies. Bartronics India intends to leverage AI, blockchain, and digital platforms to offer services ranging from carbon credit trading to financial technology solutions tailored for the agricultural sector.

Strategic Rationale

According to the company's disclosure, this expansion is driven by a strategic vision to diversify revenue streams, leverage advanced technologies, and participate in emerging markets such as carbon credits. The move aligns with national goals of sustainable rural development, food security, and digital empowerment.

Corporate Governance Updates

Alongside the business expansion, Bartronics India shareholders have approved two additional resolutions:

1. The appointment of Mr. Panidapu Lakshmi Naga Srinivasa Rao as a Non-Executive Independent Director for a five-year term, effective June 19, 2025.
2. The shifting of the company's registered office within the state of Telangana, from Medchal District to Ranga Reddy District.

Shareholder Approval

The postal ballot results reveal overwhelming support for these changes:

These strategic moves position Bartronics India Limited to capitalize on emerging opportunities in the agricultural and wellness sectors, potentially transforming its business model and growth trajectory in the coming years.