Cropster agro Limited has announced that its Board of Directors approved a postal ballot notice during a meeting held on April 10, 2026. The decision enables shareholders to participate in voting exclusively through remote electronic voting means, demonstrating the company's commitment to modern governance practices.

Board Meeting Details

The board meeting was conducted at the company's registered office located at Office No. A-828, West Bank Building, Opp. City Gold Cinema, Ashram Road, Ahmedabad, Gujarat. The meeting commenced at 3:00 PM and concluded at 3:30 PM on Friday, April 10, 2026.

Remote E-Voting Schedule

The board approved the implementation of postal ballot voting through electronic means only. The remote e-voting period has been structured to provide shareholders with adequate time to participate in the voting process.

Regulatory Compliance

The company communicated this decision to BSE Limited in accordance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Managing Director Jaivikkumar Patel, who holds DIN 10981461.

Company Information

Cropster Agro Limited operates under CIN L46209GJ1985PLC147523 and maintains its registered office in Ahmedabad, Gujarat. The company is listed on BSE with security code 523105 under the symbol CROPSTER. The postal ballot represents a significant corporate governance initiative, allowing shareholders to exercise their voting rights through a secure electronic platform during the specified voting period.

Nilratan Suppliers Private Limited has acquired 76,00,000 shares representing a 0.90% stake in Cropster Agro Limited through an open market purchase, as disclosed under SEBI's substantial acquisition regulations. The acquisition was completed on December 15, 2025, with the formal disclosure submitted to BSE Limited on December 16, 2025.

Acquisition Details

The share purchase has increased Nilratan Suppliers' total holding in Cropster Agro Limited from 4,10,50,000 shares to 4,86,50,000 shares. This represents an increase in shareholding percentage from 4.89% to 5.79% of the target company's total equity.

Shareholding Pattern Changes

The acquisition has resulted in a significant change in Nilratan Suppliers' stake in the target company. The detailed shareholding comparison shows the impact of this transaction on the overall holding structure.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Nilratan Suppliers Private Limited confirmed that it does not belong to the promoter or promoter group of Cropster Agro Limited.

The formal communication was addressed to BSE Limited at P. J. Towers, Dalal Street, Mumbai, where Cropster Agro Limited is listed under scrip code 523105. The disclosure was signed by Director Sureshbabhai Maganbhai Kantariya (DIN: 10950239).

Company Information

Cropster Agro Limited maintains an equity share capital of 84,00,00,000 shares of Rs. 1/- each. The company's shares are listed on the Bombay Stock Exchange Limited (BSE), and the total diluted share capital remains unchanged at 84,00,00,000 equity shares following this acquisition.

The target company is headquartered at B/2/207, West Gate Business Bay, Opp. Andaj Party Plot, S.G. Highway, Ahmedabad, Gujarat, and was also informed about this shareholding change as per regulatory requirements.