Cropster Agro Limited has released its unaudited financial results for the third quarter and nine months ended December 31, 2025, showcasing the company's performance in the agricultural trading sector. The Gujarat-based company submitted its integrated filing to BSE Limited on February 14, 2026, in compliance with SEBI regulations.

Financial Performance Overview

The company's financial results demonstrate steady performance across key metrics for the reporting period. The results cover both quarterly and nine-month comparisons with the previous year.

Operational Highlights

The company's operational structure reflects its focus on agricultural trading activities. Key operational aspects include:

• Primary Business Segment: Agricultural trading as the sole reportable segment in accordance with Indian Accounting Standards (Ind-AS-108)
• Stock Management: No changes reported in inventories of finished goods, work-in-progress, and stock in trade
• Finance Costs: Zero finance costs reported across all periods
• Employee Benefits: Marginal increase in employee benefit expenses from ₹0.93 lakhs to ₹1.22 lakhs quarter-on-quarter

Corporate Governance and Compliance

Cropster Agro Limited maintains strong governance practices with proper regulatory compliance. The financial results underwent thorough review processes:

Review and Approval Process

• Results reviewed by the audit committee and approved by the board of directors on February 14, 2026
• Limited review conducted by statutory auditors DDS & Associates (FRN: 120362W)
• Compliance with Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015

Regulatory Disclosures

Company Information

Cropster Agro Limited operates from its registered office in Ahmedabad, Gujarat, with CIN L46209GJ1985PLC147523. The company is managed by Jaivikkumar Patel as Managing Director (DIN: 10981461) and trades on BSE with security code 523105. The results preparation followed Indian Accounting Standard 34 (Ind AS 34) for interim financial reporting, ensuring compliance with recognized accounting principles and practices in India.

Cropster Agro Limited has announced the resignation of its statutory auditor M/s. J Singh & Associates, Chartered Accountants, Mumbai, effective January 24, 2026. The company informed BSE Limited about this development in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Details and Timeline

M/s. J Singh & Associates (FRN: 110266W) served as the statutory auditor since their appointment on May 12, 2023. Their term was originally scheduled to expire on September 30, 2029. The firm's last submission was the Limited Review Report for the quarter ended September 30, 2025, which was submitted on November 14, 2025.

Reasons for Resignation

The auditing firm provided detailed explanations for their decision to resign. The primary reason cited was the resignation of a key partner who was primarily responsible for overseeing audits of Cropster Agro Limited. This development resulted in a significant reduction in the firm's overall audit leadership capacity.

Additionally, J Singh & Associates mentioned acute staff constraints due to unexpected staff shortages and resource limitations. The firm stated they were unable to allocate the necessary team strength required to ensure timely and quality completion of the audit within stipulated timelines prescribed under applicable laws and regulations.

Regulatory Compliance and Committee Review

The resignation has been reviewed by the company's Audit Committee in accordance with regulatory requirements. Cropster Agro Limited confirmed that no concerns were raised by the resigning auditor with respect to the management of the company or the resignation process.

The company provided all required information as per SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Master Circular No. SEBI/HO/CFD/CFD-PoD2/CIR/P/2024/185 dated December 31, 2024. The auditor confirmed that there were no other material reasons for resignation beyond those stated and that all required information under Section 140(2) of the Companies Act, 2013 was provided.

Company Information

Cropster Agro Limited (CIN: L46209GJ1985PLC147523) is listed on BSE with security code 523105. The company's registered office is located at Office No. A-828, West Bank Building, Opp. City Gold Cinema, Ashram Road, Ahmedabad, Gujarat. The resignation letter was signed by Hemant Kumar Shantilal Mehta, Partner at J Singh & Associates (Membership No.: 100748), and the company's intimation was signed by Managing Director Jaivikkumar Patel (DIN: 10981461).