Venkata Ratna Srinivas appointed Managing Director of newly-formed SPV for Amaravati development

Key Points

1. Sonti Venkata Ratna Srinivas appointed MD of AGICL on December 16, 2025.
2. AGICL is a Special Purpose Vehicle (SPV) for Amaravati development.
3. G.O. Rt. No. 1478 issued by S. Suresh Kumar enabled the appointment.
4. AGICL is the third organization for Amaravati's development, alongside APCRDA and ADC.
5. AGICL established under the Companies Act, 2013.
6. First board meeting held on December 2, 2025, recommended a full-time MD.
7. The MD is authorized to select developers, contractors, and operators.
8. AGICL will facilitate social infrastructure like healthcare and education.