Srinivasarao Mandalapu Resigns as CEO of Nova Agritech Ltd, Signaling Leadership Change

Nova Agritech Ltd announced the resignation of its CEO Srinivasarao Mandalapu, who served since March 2024. Mandalapu is a seasoned agriculture professional with over 30 years of experience in strategic planning, project management, and operational efficiency in the agricultural sector.

During his tenure, Mandalapu led initiatives to diversify Nova Agritech’s product portfolio and expand market reach while reinforcing the company’s commitment to innovation and sustainability. His leadership played a pivotal role in streamlining operations and executing growth strategies aligned with India's evolving agritech landscape.

The company is now preparing for a leadership transition that aims to build upon these foundations to accelerate growth and competitive positioning.

Stakeholders and industry analysts view Mandalapu’s resignation professionally, anticipating a seamless transition and continuity in pursuing Nova Agritech’s strategic objectives.

Key Highlights

Srinivasarao Mandalapu resigns as CEO of Nova Agritech Ltd after nearly two years

Mandalapu’s background: Bachelor of Science in Agriculture with 30+ years’ experience

Led strategic initiatives for product diversification and operational efficiency

Strengthened Nova Agritech’s position in the agricultural technology market

Company prepares for leadership transition focused on growth and innovation continuity

Positive industry response predicting smooth transition and sustained strategy

Sources: Nova Agritech official website, MarketScreener, Bloomberg, Goodreturns