Submission of Annual Report

CROPSTER AGRO LIMITED CIN:L16209GJ1985PLC117523 Registered Office: 8/2, 207, West Gate Business Bay, Opp. Andaj Party Plol, SG I lighwlly, Jivraj Park, Ahmedabad, Gujarat, India - 380 051 Corporate Office: B/2, 207, West Gate Business Bay, Opp. Andaj Party Plot, SG I lighway, Jivraj Park. Ahmedabad, Gujarat, India - 380 051 Mobile No: +91 8735919676 Email: pl.111tL'I ... 1 I I I'" !~!ll!.!..UD..!J.l! Website: www.plll11ll'i""(lolvs.ck: .1 ll111 Date: 81" September, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Dear Sir/ Madam, Sub: Submission of Annual Report for Financial Year 2025-26 Ref: Security Id: CROPSTER /Code: 523105 Pursuant to Regulation 34 of the SEBI (Listing Obligalions and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Annual Report of the 41" Annual Ge11er<il Meeting ("AGM") of the Company to he held on Wednesday, 301" September, 2026 at 01:00 l'.M. through Video Conferencing ("VC") /Other Audio-Video Means ("OJ\VM"). Kindly take the same on your record and oblige us. Thanking You. For, Cro1Jster J\gro Limited CROPSTER AGRO LIMITED Z" DIRECTOR Vijaykumar Naya Managing Director DIN: 11839733 Cropster Agro Limited 41st Annual Report for the year 2025-26 INDEX Sr. No. Particulars Page No. 1. Company Information 4 2. Notice of Annual General Meeting 5 3. Board’s Report 21 3a. Annexure I – Corporate Social Responsibility (“CSR”) Report 34 3b. Annexure II – Management Discussion and Analysis Report 37 3c. Annexure III – Report on Corporate Governance 41 3d. Annexure IV – Secretarial Audit Report 72 4. Independent Auditor’s Report 76 5. Financial Statements for the Financial Year 2025-26 5a. Balance Sheet 88 5b. Statement of Profit and Loss 89 5c. Cash Flow Statement 90 5d. Notes to Financial Statement 92 COMPANY INFORMATION Board of Directors Vijaykumar Kalabhai Nayak Managing Director Chirag Jonwal Independent Director Dipak Rana Independent Director Pranav Mahadevbhai Pandit Independent Director Audit Committee Dipak Rana Chairperson Chirag Jonwal Member Pranav Mahadevbhai Pandit Member Nomination and Dipak Rana Chairperson Remuneration Chirag Jonwal Member Committee Pranav Mahadevbhai Pandit Member Stakeholders Dipak Rana Chairperson Relationship Chirag Jonwal Member Committee Pranav Mahadevbhai Pandit Member Corporate Social Pranav Mahadevbhai Pandit Chairperson Responsibility Dipak Rana Member Committee Chirag Jonwal Member Key Managerial Vijaykumar Kalabhai Nayak Chief Financial Office Personnel Vijaykumar Kalabhai Nayak Managing Director Statutory Auditor M/s. Sarang Shivajirao Chavan & Associates, Chartered Accountants, Ahmedabad Secretarial Auditor M/s. Dhruvi Patel & Associates, Company Secretaries, Ahmedabad Share Transfer Agent MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai, Maharashtra – 400 083 Registered Office B/2, 207, West Gate Business Bay, Opp. Andaj Party Plot, SG Highway, Jivraj Park, Ahmedabad, Gujarat, India – 380 051 Corporate Office B/2, 207, West Gate Business Bay, Opp. Andaj Party Plot, SG Highway, Jivraj Park, Ahmedabad, Gujarat, India – 380 051 NOTICE OF THE 41st ANNUAL GENERAL MEETING (“AGM”) OF THE COMPANY: Notice is hereby given that the 41st Annual General Meeting (“AGM”) of the Shareholders of Cropster Agro Limited (“Company” or “CROPSTER”) will be held on Wednesday, 30th September, 2026 at 01:00 P.M. (ISD) through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) to transact the following businesses. ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited Financial Statement of the Company for the Financial Year ended on 31st March, 2026 and statement of Profit and Loss account together with the notes forming part thereof and Cash Flow Statement for the Financial Year ended on that date, and the reports of the Board of Directors (“The Board”) and Auditor thereon. To consider and if thought fit, to pass with or without modification(s) the following Resolution as an Ordinary Resolution: “RESOLVED THAT, the Audited Financial Statement of the Company for the financial year ended 31st March, 2026 and the Report of the Directors and the Auditors thereon, placed before the Meeting, be and are hereby considered and adopted.” 2. To appoint a director in place of Mr. Vijaykumar Kalabhai Nayak (DIN: 11839733) who retires by rotation and being eligible, offers himself for re-appointment. To consider and if thought fit, to pass with or without modification(s) the following Resolution as an Ordinary Resolution: “RESOLVED THAT, Mr. Vijaykumar Kalabhai Nayak (DIN: 11839733), who retires by rotation from the Board of Directors pursuant to the provisions of Section 152 of the Companies Act, 2013 and Articles of Association of the Company, and being eligible offers himself for re-appointment, be and is hereby re-appointed as the Director of the Company.” 3. To appoint M/s. Sarang Shivajirao Chavan & Associates, Chartered Accountants, Ahmedabad (FRN: 159649W), as the Statutory Auditor of the Company: To consider and if thought fit, to pass with or without modification(s), the following Resolution as an Ordinary Resolution: “RESOLVED THAT, pursuant to the provisions of Section 139, 141, 142 and other applicable provisions, if any, of the Companies Act, 2013 (‘the Act”) read with the Companies (Audit and Auditors) Rules, 2014 (including any statutory modification or re-enactment thereof) and pursuant to the recommendations of the Audit Committee and the Board of Directors, approval of the Members of the Company, be and is hereby accorded for the appointment of M/s. Sarang Shivajirao Chavan & Associates, Chartered Accountants, Ahmedabad (FRN: 159649W), whose term, as per the provisions of Section 139(2) of the Companies Act, 2013, as Statutory Auditor of the Company, to hold office for 5 years i.e. from Financial Year 2026-27 to 2030-31, from the conclusion of this 41st Annual General Meeting (AGM) till the conclusion of the 46th AGM of the Company to be held in the year 2031, at such remuneration plus service tax, out-of-pocket, travelling and living expenses, etc., as may be mutually agreed between the Board of Directors of the Company and the Auditors.” SPECIAL BUSINESS: 4. Appointment of Mr. Vijaykumar Kalabhai Nayak (DIN: 11839733) as Managing Director of the Company. To consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT, based on the recommendation of the Nomination and Remuneration Committee, Board of Directors, pursuant to the provisions of Sections 196, 196(3), 197, 198, 203 and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) and Schedule V thereto and the Rules made thereunder including any amendment(s), statutory modification(s) or re-enactment(s) thereof for the time being in force and the Articles of Association of the company and subject to such other approvals as may be necessary, the consent of the Company be and is hereby accorded for the appointment of Mr. Vijaykumar Kalabhai Nayak (DIN: 11839733),) as Managing Director of the Company, for a period of 5 years commencing from 21st July, 2026 to 20th July, 2031, at a remuneration not exceeding Rs. 1 Lakhs per month inclusive of perquisites as per applicable provisions of the Act read with rules thereof as amended from time to time and he shall be liable to retire by rotation, on the terms and conditions including the remuneration as set out in the statement annexed to the notice convening this meeting, with liberty to the Board of Directors of the Company to alter and very the terms and conditions of the said appointment and / or remuneration, as may be acceptable to Mr. Vijaykumar Kalabhai Nayak, subject to the same not exceeding the limits specified under schedule V of the Companies Act, 2013 or any statutory modification(s) or re-enactment(s) thereof.” “RESOLVED FURTHER THAT, th [Showing first 8,000 characters — download PDF for full document]