NSEShareholders meeting24 Aug 2026 · 24 Aug 2026, 06:55 pm
Shareholders meeting
GSP Crop Science Limited · GSPCROP
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GSP Crop Science Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 2026, and submission of Annual Report for the financial year 2025-26.
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GSP Crop Science Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 2026
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Date: August 24, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Plot No. C/1, G Block,
Mumbai – 400 001 Bandra Kurla Complex, Bandra (East),
Mumbai – 400 051
Scrip Code: 544733 Trading Symbol: GSPCROP
Dear Sir/Madam,
Sub: Submission of Annual Report for the financial year 2025-26 under Regulation 30 and 34 of
SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
With reference to the captioned subject, we are submitting herewith the 41st Annual Report of the Company
along with the Notice of the 41st Annual General Meeting (“AGM”) of the Company for the financial year
2025-26, which is being sent to the shareholders by electronic mode who have registered their e-mail
addresses with the depositories.
The 41st Annual General Meeting (AGM) of the Company will be held on Friday, September 18, 2026 at
11:30 a.m. (IST) through Video Conferencing/ Other Audio Visual means (“VC/OAVM”). Pursuant to Section
108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration)
Rules, 2014 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, the Company is pleased to provide its members with the remote e-voting facility to cast their votes
electronically on the resolutions mentioned in the AGM Notice using the electronic voting platform provided
by Central Depository Services (India) Limited (“CDSL”). The voting rights of members shall be in proportion
to the shares held by them, as on the cut-off date i.e. Friday September 11, 2026.
The remote e-voting period commences on Tuesday, September 15, 2026, 2026 at 09:00 a.m. (IST) and
ends on Thursday, September 17, 2026 at 05:00 p.m. (IST). The remote e-voting module shall be disabled
by CDSL for voting thereafter. In addition, the facility for voting through electronic voting system shall also
be made available at the AGM and the members participating in AGM through VC/OAVM, who have not
already cast their vote by remote e-voting shall be able to exercise their rights in the meeting. The Annual
Report containing the AGM Notice for Financial Year 2025-26 is also uploaded on the Company’s website
viz. www.gspcrop.in
You are requested to take the same on your records.
Thanking you,
Yours faithfully,
For GSP Crop Science Limited
Kamleshbhai D Patel
Company Secretary & Compliance Officer
M. No. FCS 8018
Encl. As above
GSP CROP SCIENCE LIMITED
TABLE OF
CONTENTS
Company Overview
GSP at a Glance 04
Our Journey 08
Words From the Chairman’s Desk 30
Our Leadership 42
Corporate Information 44
Statutory Report
Management Discussion and Analysis 46
Board Report 72
Report on Corporate Governance 94
Financial Statements
Independent Auditor’s Report on 118
Standalone Financial statements
Standalone Financial Statements 130
Independent Auditor’s Report on 192
Consolidated Financial statements
Consolidated Financial Statements 200
Notice 266
GSP CROP SCIENCE LIMITED
ANNUAL REPORT 2025-2026
ABOUT OUR REPORT
Through this report, we present GSP Crop Science Limited’s (Formerly
known as GSP Crop Science Private Limited) vision for driving delivery
excellence, aligned with our core purpose, strategic priorities, and business
model. It provides a transparent account of how we generate value for
our stakeholders in the short, medium, and long term, encompassing our
financial outcomes, environmental initiatives, societal contributions, and
key achievements. The term ‘Company’, ‘The Company’, ‘we’, ‘us’, ‘our’,
‘GSP’, ‘GSP Crop Science’ at all places shall mean GSP Crop Science
Limited.
RESPONSIBILITY STATEMENT
Our Board, together with our management, acknowledges the collective
responsibility to ensure the integrity of the information presented in this
Report. Our Board and Management undersign that the contents of this
Report have been presented in a fair, transparent, and balanced manner.
FEEDBACK
Your valuable feedback is integral to the continuous improvement of our
reporting journey. Kindly direct your comments to info@gspcrop.in.
SAFE HARBOUR STATEMENT
Certain elements of this Report contain forward-looking statements.
These may be typically identified by terminology used, such as ‘believes’,
‘expects’, ‘may’, ‘will’, ‘could’, ‘should’, ‘intends’, ‘estimates’, ‘plans’,
‘assumes’, and ‘anticipates’, or negative variations. These forward-looking
statements are subject to particular risks and opportunities that could
be beyond the Company’s control or currently based on the Company’s
beliefs and assumptions of future events. There could be a possibility
of the Company’s performance differing from expected outcomes and
performance implied in this Report. With a varied range of risks and
opportunities facing the Company, no assurance can be provided for
future results to be achieved, as the actual results may differ materially
for the Company and its subsidiaries.
The Intersection
of Agriculture and
Sustainability
In the life of every enduring company, there comes a
moment when roots give way to new branches. For
GSP Crop Science, FY 2025-26 is that moment.
Forty years ago, this company was born from a
singular belief. That Indian farmers deserved better
science, better protection, and a partner they could
trust. That belief has not changed. What has changed
is the scale of our ambition and the breadth of our
reach.
But in FY 2025-26, GSP’s own story entered a new and
consequential chapter.
With the completion of its Initial Public Offering, GSP
Crop Science stepped from the private world into the
public one. We opened our doors to a new community
of stakeholders who share in every harvest we help
protect, every yield we help improve, and every farmer
whose livelihood we help secure.
Backed by 40 years of experience, 5 manufacturing
facilities, 2 in-house R&D centres, a presence in 40
countries, and a portfolio spanning insecticides,
herbicides, fungicides, and plant growth regulators,
we step into this new season with deep roots and
strong conviction.
THE INTERSECTION OF AGRICULTURE AND
SUSTAINABILITY
reflects the juncture at which we stand.
In response, we stay committed toward
strengthening our manufacturing infrastructure,
deepening our R&D pipeline, and expanding our
presence in international markets.
ABOUT THE COMPANY
GSP AT A GLANCE
A leading player in the
agrochemical and crop protection
trusted in the industry
Founded in 1985 in Ahmedabad, GSP Crop
Science Limited specialises in the development,
manufacture and distribution of crop protection
formulations and technical grade active ingredients,
serving farmers and institutional customers across
Indian and international markets.
GSP Crop Science operates across the crop protection R&D centres, including a dedicated pilot plant at
value chain, manufacturing both formulations and Odhav, support ongoing product development and
technicals. This integrated model gives the Company commercialisation. A subsidiary established in Brazil
control over product quality and supply consistency extends the Company’s direct presence into Latin
across its portfolio of insecticides, herbicides, American markets.
fungicides and plant growth regulators.
With a customer base and domestic distribution
The Company’s manufacturing infrastructure network of over 5,500+ dealer distributors, the
spans five facilities across India, located in Odhav, Company has built a stable commercial foundation
Nandesari, Kathwada and Saykha in Gujarat, across both its domestic and international businesses.
and Samba in Jammu & Kashmir. Two in-house
OUR PRODUCTS
Crop Plant Growth
Insecticides Herbicides Fungicides
Protection Regulators
PRODUCT CATEGORIES
Formulations Technicals
4 Annual Report 2025-26
Corporate Overview Statutory Report Financial Statements
FY2025-26 HIGHLIGHTS
THE NUMBERS THAT DEFINE US
KEY VALUES
40+ 5 2
Years of Experience Manufacturing Facilities In-house R&D Centres
40 5,500+ 1142
Export Countries Dealer Distributors and Employees
Domesti
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