SC Agrotech Limited Announces Key Leadership Changes with New MD, ED, and CFO Appointments

SC Agrotech Limited has announced significant changes to its leadership team, as approved by the company's Board of Directors in a meeting held on July 29, 2025. The agribusiness firm has appointed a new Managing Director, Executive Director, and Chief Financial Officer, marking a strategic shift in its top management.

New Managing Director

Mr. Pratikkumar Bharatbhai Patel has been appointed as the Managing Director of SC Agrotech Limited for a five-year term, effective July 29, 2025. This appointment is subject to shareholder approval at the upcoming General Meeting. Mr. Patel brings his expertise as a commerce graduate to the role, holding a BCom degree.

Executive Director Appointment

The Board has also approved the appointment of Mr. Suchitkumar Bipinchandra Patel as the Executive Director for a five-year term, commencing July 29, 2025. This appointment is likewise subject to shareholder approval. Mr. Suchitkumar Patel has completed his secondary education.

New Chief Financial Officer

Mr. Patel Jeet Paragkumar has been appointed as the Chief Financial Officer (CFO) of SC Agrotech Limited, effective July 29, 2025. This appointment was based on recommendations from the Nomination and Remuneration Committee and received approval from the Audit Committee. Mr. Paragkumar has completed his higher secondary education.

Board's Decision and Compliance

The appointments were made during a Board meeting that commenced at 10:30 AM and concluded at 11:30 AM on July 29, 2025. The company has stated that these appointments are in compliance with the applicable provisions of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Independence and Relationships

It's noteworthy that none of the newly appointed officials have disclosed any relationships with existing directors of the company, potentially indicating a fresh perspective in the leadership team.

These strategic appointments come as SC Agrotech Limited looks to strengthen its management structure. The diverse educational backgrounds of the appointees suggest that the company is focusing on a mix of academic qualifications and practical experience in its leadership roles.

Shareholders and market watchers will be keenly observing how these new appointments influence the company's direction and performance in the coming years. The company's next steps, including the shareholder approval process for the Managing Director and Executive Director positions, will be crucial in cementing these leadership changes.