Cropster Agro Limited has appointed Mr. Vijaykumar Kalabhai Nayak as its Managing Director and Chief Financial Officer, effective July 21, 2026. The Board of Directors approved the appointment during a meeting held at the company's registered office in Ahmedabad. Mr. Nayak brings over eight years of experience in finance, business management, and company operations, with expertise in financial management and legal compliance. He is not related to any other director on the Board.

Leadership Changes

The Board accepted the resignation of Mr. Jaivikkumar Patel from the post of Managing Director, effective July 21, 2026. Mr. Patel cited personal commitments and professional obligations in other works as the reason for his departure, confirming there were no material reasons for his resignation beyond those stated in his resignation letter. Additionally, the Board took note of the resignation of Mr. Jignesh Manilal Shrimali from the position of Non-Executive and Non-Independent Director, effective the same date. Mr. Shrimali resigned due to pre-occupancy in other matters and confirmed no other material reasons for his exit.

Reconstituted Committees

Following these changes, the company reconstituted its key board committees effective July 21, 2026. The Audit Committee and the Stakeholders Relationship Committee now comprise Mr. Dipak Rana as Chairperson, along with Mr. Yatharth Mimrot and Mr. Chirag Jonwal as members. All members of these committees are Non-Executive Independent Directors. The Corporate Social Responsibility Committee was also reconstituted with Mr. Yatharth Mimrot as Chairperson, with Ms. Sejalben Rathod and Mr. Chirag Jonwal as members.

These changes were disclosed to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Cropster Agro Limited has dispatched the postal ballot notice to seek shareholder approval through remote e-voting. The notice was sent electronically on June 22, 2026, to members whose names appeared on the register of members as of June 19, 2026. This administrative update follows the company's earlier decision to change the address for maintaining its books of accounts to its registered office in Ahmedabad.

The remote e-voting facility is scheduled to commence on June 23, 2026, at 09:00 AM IST and conclude on July 22, 2026, at 05:00 PM IST. Shareholders holding shares in either physical or dematerialized form as on the cut-off date of June 19, 2026, are eligible to cast their votes. The company has engaged National Securities Depository Limited (NSDL) to provide the e-voting facility.

Key Event Details

The Board of Directors has appointed CS Jay Pandya of M/s. Jay Pandya & Associates as the Scrutinizer to conduct the postal ballot process. The results of the voting will be announced within two working days from the conclusion of the e-voting period and will be displayed on the company's website and the BSE platform.