Nova Agritech Limited , a prominent player in the agricultural technology sector, has announced a significant change in its leadership. Srinivasarao Mandalapu, the company's Chief Executive Officer (CEO), has tendered his resignation, effective November 10, 2025.

Resignation Details

According to the company's official communication to the stock exchanges, Mr. Mandalapu's departure is attributed to personal reasons. The resignation will take effect from the close of business hours on November 10, 2025. In his resignation letter, Mr. Mandalapu confirmed that there are no other material reasons for his decision to step down.

Corporate Disclosure

Nova Agritech Limited, in compliance with regulatory requirements, has informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about this change in key managerial personnel. The company's disclosure aligns with Regulation 30 read with para "A" of part "A" of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

CEO's Farewell

In his resignation letter, Mr. Mandalapu expressed his gratitude to the Board of Directors, management, and colleagues for their support and guidance during his tenure. He stated, "I am grateful for the opportunity to serve and contribute to the growth of Nova Agritech Limited."

Company Response

The company acknowledged Mr. Mandalapu's contributions and has initiated the process of transition. Nova Agritech's Company Secretary & Compliance Officer, Neha Soni, signed the official intimation to the stock exchanges, ensuring transparency in the leadership change process.

While this development marks a significant change for Nova Agritech, the company has not yet announced any succession plans or the appointment of an interim CEO. Investors and stakeholders will likely be watching closely for further updates on the company's leadership transition and its potential impact on Nova Agritech's strategic direction.

As the agricultural technology sector continues to evolve, Nova Agritech's ability to navigate this leadership change will be crucial for maintaining its market position and pursuing future growth opportunities.

Nova Agritech Limited announced today that its Chief Financial Officer (CFO), Mr. Gunupudi Kamoji Srinivas, has tendered his resignation to pursue new professional opportunities. The resignation will take effect from the close of business hours on September 8, 2025.

Resignation Details

In a regulatory filing, Nova Agritech Limited disclosed that Mr. Srinivas submitted his resignation letter on September 8, 2025. The company confirmed that there are no other material reasons for his departure beyond those stated in the resignation letter.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 read with para "A" of part "A" of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Nova Agritech also provided the necessary disclosures as required under SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Company Response

Ms. Neha Soni, Company Secretary & Compliance Officer of Nova Agritech Limited, signed the regulatory filing, ensuring proper dissemination of the information to all concerned parties. The company has not yet announced a successor for the CFO position.

Nova Agritech Limited, headquartered in Telangana, India, operates in the agricultural sector. As the company transitions to new financial leadership, stakeholders will be watching for any potential impacts on the organization's financial strategy and performance.