Blue Pearl Agriventures Limited Announces Auditor Change Following Board Meeting

2 min read     Updated on 23 Jan 2026, 06:48 PM
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Ashish TScanX News Team
Overview

Blue Pearl Agriventures Limited announced auditor changes following its January 31, 2026 board meeting. The company accepted the resignation of M/s. J Singh & Associates due to staff shortages and resource limitations, and appointed M/s. Sweta Jain & Co LLP as the new statutory auditor. The outgoing auditor had served since May 16, 2024, while the new firm will serve from April 1, 2025 to March 31, 2026.

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Blue Pearl Agriventures Limited has announced changes to its statutory auditor following a board meeting held on January 31, 2026. The company accepted the resignation of its current auditor and appointed a replacement to ensure continuity in its audit functions.

Board Meeting Outcomes

The board meeting, which commenced at 05:30 p.m. and concluded at 06:00 p.m., addressed two key matters related to the company's auditing arrangements. The decisions were made pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Meeting Details: Information
Date: January 31, 2026
Duration: 05:30 p.m. to 06:00 p.m.
Key Decisions: Auditor resignation acceptance and new appointment

Auditor Resignation Details

The board accepted the resignation of M/s. J Singh & Associates, who had served as the company's statutory auditor. The resignation was attributed to unexpected staff shortages and resource limitations faced by the audit firm.

Outgoing Auditor Details: Information
Firm Name: M/s. J Singh & Associates
Appointment Date: May 16, 2024
Original Term End: Till conclusion of 37th AGM (FY 2030)
Last Report Submitted: Quarter ended September 30, 2025
Resignation Reason: Staff shortages and resource limitations

New Auditor Appointment

To fill the casual vacancy created by the resignation, the board approved the appointment of M/s. Sweta Jain & Co LLP as the new statutory auditor. The firm brings extensive experience in financial services and has established itself as a prominent accounting firm in India.

New Auditor Details: Information
Firm Name: M/s. Sweta Jain & Co LLP
Registration Number: 127673W
Constitution: Limited Liability Partnership
Appointment Date: January 23, 2026
Term Period: April 1, 2025 to March 31, 2026
Peer Review Number: 015220

About the New Auditor

M/s. Sweta Jain & Co LLP, formerly known as Shweta Jain & Co., was established in January 2006 under the leadership of Ms. Sweta Jain. The firm has grown significantly over the years and now operates with its head office in Mumbai and branch offices in Bangalore and Udaipur.

The firm has diversified its services across multiple areas including:

  • Financial services
  • Legal and secretarial services
  • Payroll processing
  • Taxation services
  • Litigation support

Company Information

Blue Pearl Agriventures Limited, formerly known as Blue Pearl Texspin Limited, is registered in Mumbai, Maharashtra. The company trades on BSE with scrip code 514440 under the symbol BPAGRI. The board meeting outcome ensures compliance with regulatory requirements and maintains transparency with stakeholders regarding the auditor transition.

Blue Pearl Agriventures Reports Significant Growth in Q2 FY2026

1 min read     Updated on 11 Nov 2025, 11:58 PM
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Reviewed by
Naman SScanX News Team
Overview

Blue Pearl Agriventures Limited announced unaudited Q2 FY2026 results with substantial growth. Total income rose 192.7% to ₹3,532.08 crore, while net profit after tax surged 2219.2% to ₹888.87 crore compared to Q1 FY2026. Despite revenue growth, expenses were managed, increasing by 105.5%. The company's cash position slightly decreased to ₹32.95 crore. No dividend was recommended for the half year. J. Singh & Associates conducted a limited review of the results.

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Blue Pearl Agriventures Limited has announced its unaudited financial results for the second quarter ended September 30, 2025, showcasing substantial growth across key financial metrics.

Financial Highlights

The company reported impressive financial performance for Q2 FY2026:

Metric Q2 FY2026 Q1 FY2026 Change
Total Income ₹3,532.08 crore ₹1,206.52 crore +192.7%
Total Expenses ₹2,350.10 crore ₹1,143.59 crore +105.5%
Profit Before Tax ₹1,181.98 crore ₹62.93 crore +1778.1%
Net Profit After Tax ₹888.87 crore ₹38.34 crore +2219.2%

Key Observations

  • Revenue Surge: Blue Pearl Agriventures witnessed a significant increase in total income, nearly tripling from the previous quarter.
  • Profitability Boost: The company's net profit after tax saw an extraordinary rise, increasing by over 22 times compared to the previous quarter.
  • Expense Management: Despite the substantial revenue growth, the company managed to control its expenses, which only doubled compared to the previous quarter.

Additional Information

  • The Board of Directors approved these financial statements during their meeting held on November 11, 2025.
  • The company's paid-up equity share capital remains unchanged at ₹6,025.60 crore.
  • Cash and cash equivalents decreased slightly to ₹32.95 crore from ₹37.34 crore as of March 31, 2025.
  • The Board has not recommended any dividend for the half year.

Limited Review Report

J. Singh & Associates, Chartered Accountants, conducted a limited review of the unaudited quarterly standalone financial results. The review was performed in accordance with the Standard on Review Engagements (SRE) 2410, 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity' issued by the Institute of Chartered Accountants of India.

Blue Pearl Agriventures' strong financial performance in Q2 FY2026 demonstrates significant growth across various financial parameters. However, investors should note that these are unaudited results and may be subject to changes upon final audit.