Nagarjuna Agri Tech Appoints Meena Agarwal as Independent Director After Kedia Resigns

Nagarjuna Agri Tech appointed Meena Agarwal as an Additional Director in the category of Independent Director on November 7, 2026, for a term of five consecutive years, following Chanchal Kedia's resignation from the same role. ScanX reported the board approval, which is subject to shareholder approval at the ensuing General Meeting.

How the Board Approved Agarwal's Appointment

The Nagarjuna Agri Tech board approved the changes on the recommendation of the Nomination and Remuneration Committee. Kedia's resignation took effect at the close of business hours on November 7, 2026, the same date as Agarwal's appointment.

Kedia cited increasing commitments and responsibilities in her full-time professional role as the reason for stepping down. The company confirmed there were no other material reasons for her departure, such as disagreements regarding management, operations or governance, and the board placed on record its appreciation for her guidance and contributions during her tenure.

Agarwal brings over 14 years of professional experience in corporate governance, corporate laws, statutory compliance, financial management, cost control and risk management. She is a qualified Company Secretary and Cost Accountant, with memberships in the Institute of Company Secretaries of India and the Institute of Cost Accountants of India.

Three Committees Reconstituted With Agarwal as Member

Consequent to the change in the board's composition, three committees were reconstituted with effect from November 7, 2026. Chandan Ghosh chairs the Audit Committee, with Meena Agarwal and Somenath Chatterjee as members. Ghosh also chairs the Nomination and Remuneration Committee, alongside Agarwal and Chatterjee. Somenath Chatterjee chairs the Stakeholder Relationship Committee, with Rajesh Shaw and Meena Agarwal as members. All listed members serve as Independent Directors, and the company said the revised composition ensures continued compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Earlier Leadership Changes at Nagarjuna Agri Tech

Nagarjuna Agri Tech accepted Sumit Sengupta's resignation as Director effective July 31, 2026, citing preoccupation with other assignments, ScanX reported. The company filed disclosures with SEBI and the BSE confirming the departure.

Deepika Bhutra resigned as Company Secretary and Compliance Officer effective the close of business hours on September 30, 2026, to pursue career opportunities more aligned with her core functions, ScanX reported. Rajesh Shaw, a director of the company, signed the regulatory filing confirming the change in key managerial personnel.