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).

Nilratan Suppliers Private Limited has announced the acquisition of an additional stake in Cropster Agro Limited, marking a significant increase in its shareholding position. The company disclosed this substantial acquisition in compliance with regulatory requirements under SEBI regulations, with the transaction completed on December 15, 2025.

Acquisition Details

The transaction involved the purchase of 76,00,000 shares of Cropster Agro Limited, representing 0.90% of the company's total share capital. The acquisition was completed through market purchase mechanisms.

Shareholding Position Changes

The acquisition has resulted in a notable increase in Nilratan Suppliers' overall shareholding in Cropster Agro Limited. The company's stake has grown substantially following this transaction.

Regulatory Compliance

Nilratan Suppliers Private Limited made the disclosure on December 16, 2025, in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company confirmed that it does not belong to the promoter or promoter group of Cropster Agro Limited. The disclosure was submitted to BSE Limited, where Cropster Agro shares are listed under scrip code 523105.

Corporate Information

The acquisition represents a strategic investment by Nilratan Suppliers in Cropster Agro Limited, which operates in the trading sector. Cropster Agro Limited maintains its corporate office at West Gate Business Bay, S.G. Highway, Ahmedabad, Gujarat. Nilratan Suppliers Private Limited is registered in Bahraich, Uttar Pradesh, with CIN U70100UP2011PTC076071.