Nova Agritech Limited announced the resignation of Mr. Kiran Kumar Adapa from his position as Independent Director, effective January 12, 2026, at 9:00 AM. The resignation is due to his professional commitments. The company confirmed that there are no other material reasons for his departure.

In response to the resignation, the Board of Directors held a meeting on January 12, 2026, to note the resignation and approve the reconstitution of various board committees. Consequently, the IPO Committee of the company has been dissolved, as the proceeds from the IPO have been fully utilized. The board meeting commenced at 3:00 PM and concluded at 3:50 PM on the same day.

The reconstitution includes changes in the Audit Committee, Stakeholders Relationship Committee, Nomination & Remuneration Committee, and Corporate Social Responsibility Committee, with new members appointed and replacements made for Mr. Adapa's positions.