Hindustan Agrigenetics Limited appointed investment strategist Rajendra Naniwadekar as its new Managing Director from December 15, 2025. The company also accepted the resignations of Director Pritam Kapur and CFO Chandani Kapur. The leadership changes, disclosed under SEBI LODR norms, indicate a continuing management restructuring effort.
Hindustan Agrigenetics Limited has announced significant leadership changes following its latest board meeting. The company’s Board of Directors has unanimously approved the appointment of Mr. Rajendra Naniwadekar (DIN: 00032107) as the Managing Director, effective December 15, 2025. The development aligns with regulatory requirements under SEBI (LODR) Regulations, 2025, and the SEBI circular dated July 13, 2023.
Simultaneously, the Board also accepted the resignation of Mr. Pritam Kapur as Director (effective December 15, 2025) and Mrs. Chandani Kapur as Chief Financial Officer (effective December 16, 2025).
About the New Managing Director:
Mr. Rajendra Naniwadekar is a seasoned investment strategist and corporate finance consultant. With over a decade of experience on the Governing Board of The Hyderabad Stock Exchange Limited, where he also served as President, Mr. Naniwadekar brings extensive expertise in valuation, capital structure, and M&A advisory. He holds an MBA in Finance and has not been barred by SEBI or any other regulator.
Notable Updates from the Board Meeting
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Appointment: Mr. Naniwadekar appointed as Managing Director effective December 15, 2025.
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Resignations:
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Mr. Pritam Kapur stepped down as Director effective December 15, 2025.
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Mrs. Chandani Kapur resigned as CFO effective December 16, 2025.
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Compliance: Disclosures made in accordance with SEBI (LODR) Regulations, 2025 and BSE/NSE circulars.
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Leadership Transition: The changes mark a strategic realignment of the company’s executive leadership to strengthen governance and operational oversight.
Sources: BSE Corporate Announcements | NSE Corporate Filings