Kisaan Parivar Industries Limited statutory auditor M/s M G S Reddy & Co resigned effective June 15, 2026, citing pre-occupation with other professional assignments. The auditor informed the Board of Directors that constraints on time and resources required for the audit made it impossible to continue in the role.

The resignation was intimated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The disclosure references SEBI Circular no SEBI/HO/CFD/CFD-POD-1/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

M/s M G S Reddy & Co., Chartered Accountants (Firm's Registration No. 020794S), stated in their resignation letter that they would file Form ADT-3 with the Registrar of Companies within the prescribed time limit in accordance with the provisions of the Companies Act, 2013. The auditor requested the Board to undertake necessary filings and disclosures with the Registrar of Companies and Stock Exchanges.

The following table details the disclosures regarding the change in statutory auditors:

The intimation was signed by Khushboo Joshi, Company Secretary & Compliance Officer of Kisaan Parivar Industries Limited (Formerly Known As Richirich Inventures Limited).

Kisaan Parivar Industries Limited reported a 56% decline in net profit to ₹79.51 lakh for the year ended March 31, 2026, down from ₹180.18 lakh in the previous year. Revenue from operations fell to ₹405.32 lakh from ₹648.00 lakh in FY25, reflecting reduced business activity. The company posted a net loss of ₹18.49 lakh for the quarter ended March 31, 2026, compared to a profit of ₹53.38 lakh in the same period last year.

The board, meeting on May 30, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. The meeting was held under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Audit Committee reviewed the financial statements prior to the board's approval. M/s M G S Reddy & Co., Chartered Accountants, issued an unmodified opinion on the results.

Financial Performance

Total income for FY26 stood at ₹405.49 lakh, a decrease from ₹648.00 lakh in the previous year. Total expenses for the year were ₹299.24 lakh, lower than the ₹406.66 lakh recorded in FY25. The company's basic earnings per share (EPS) for the year dropped to ₹0.90 from ₹2.05 in the prior year. For the quarter ended March 31, 2026, the company reported a loss per share of ₹0.21.

Balance Sheet Highlights

The company's total assets as of March 31, 2026, were ₹855.56 lakh, compared to ₹742.93 lakh a year earlier. Total equity increased to ₹753.86 lakh from ₹674.35 lakh. Trade receivables rose significantly to ₹507.40 lakh from ₹102.08 lakh, while cash and cash equivalents depleted to ₹0.66 lakh from ₹52.12 lakh. The company reported a net cash outflow from operating activities of ₹51.45 lakh for the year.