Regency Ceramics Limited at its AGM held on September 30, 2023, approved the change in the designation of Mr. Narala Satyendra Prasad from "Whole Time Director and Chief Financial Officer" to "Managing Director and Chief Financial Officer" of the Company, and the change in the designation of Dr. Naraiah Naidu Gudaru from "Chairman and Managing Director" to "Executive Chairman" of the Company. Mr. Narala Satyendra Prasad, aged about 56 years, has an overall experience of 33 years with 30 years of managerial experience in senior positions across diverse industries. He completed his Bachelor's Degree in Computer Science & Engineering from College of Engineering, Guindy, Anna University, Chennai and Masters in Computer Science from University of South Carolina, Columbia, USA.

He started his career with Tata Consultancy Services, Chennai and has been an entrepreneur since 1991. He was the co-founder of iSpace Global Services (India) Pvt Ltd., a multinational Company involved in software services to the US healthcare industry. Dr. Naraiah Naidu Gudaru is a born leader and the visionary behind Regency Ceramics Limited.

He has chartered the Company all through its 39 years of journey. Under his leadership, the Company has grown exponentially and has achieved different recognitions and received many awards. His entrepreneurial skills have led to the establishment of one of the biggest architectural and structural consultancy Company in Hyderabad called as NN Associates.

The company approved the appointment of Mr. Vasantha Rayudu Garapati as "Non- Executive Independent Director" of the Company. The term of his appointment shall be for a period of 5 years, commencing from August 22, 2023. He is a Member of the Bar Council of India and has vast experience of 39 years in field of advocacy.

He is an accomplished advocate specializing in legal counsel and civil litigation. His proficiency lies in providing strategic advice, meticulous case analysis and expert guidance in navigating complex legal issues.