Cropster Agro MD, chairman, board of directors and AGM
BSE: 523105Industrial ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹1.56.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹125 Cr1,594th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 10 Aug 2026
- 8.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 5 Jun 2026
- 1.0
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 10 Aug 2026
- 13.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 10 Aug 2026
- 12.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 5 Jun 2026
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 20,37,924
Cropster Agro board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorJaivikkumar Patel
8 directors5 independent1 executive2 non-executive
- Jaivikkumar Patel · Chairperson and managing directorExecutive · joined Jul 2025 · 1 listed board · 2 committee seats
- Harendrasingh ChauhanNon-executive · joined Aug 2025 · 1 listed board
- Sejalben Rakeshkumar RathodIndependent · joined Aug 2025 · 10 months as independent · 1 listed board · 1 as independent
- Aashish Kumar Hemraj MauryIndependent · joined Aug 2025 · 10 months as independent · 1 listed board · 1 as independent
- Jignesh Manilal ShrimaliNon-executive · joined Apr 2026 · 1 listed board
- Chirag JonwalIndependent · joined Apr 2026 · 2 months as independent · 1 listed board · 1 as independent
- Dipak RanaIndependent · joined Jun 2026 · 0 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- Yatharth MimrotIndependent · joined Jun 2026 · 0 months as independent · 1 listed board · 1 as independent · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
9 directors who left
- Mahavirsinh Pravinsinh Zala, left 27 Apr 2026: Others
- GEETIKA GARG, left 18 Sep 2025: Others
- MEENU JAIN, left 18 Sep 2025: Others
- ISH SADANA, left 28 Aug 2025: Others
- MAYA DEVI, left 14 Aug 2025: Others
- JIGNESH KUMAR PATEL, left 22 Jul 2025: Others
- Divyesh Bhanushali, left 2 Jul 2025: Others
- NILAM MAKWANA, left 6 Jun 2025: Others
- VISHAKHA D SHAH, left 31 Jan 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 22 Jun 20268 of 8 present5 independent · 19 days in between
- 2 Jun 20266 of 6 present3 independent · 2 days in between
- 30 May 20266 of 6 present3 independent · 32 days in between
- 27 Apr 20266 of 6 present3 independent · 1 day in between
5 earlier meetings
- 25 Apr 20265 of 5 present3 independent · 14 days in between
- 10 Apr 20265 of 5 present3 independent · 54 days in between
- 14 Feb 20265 of 5 present3 independent · 2 days in between
- 11 Feb 20265 of 5 present3 independent · 4 days in between
- 6 Feb 20265 of 5 present3 independent
Audit Committee
Chair Dipak Rana
Yatharth Mimrot, Jaivikkumar Patel
- 30 May 20263 of 3 present2 independent · 104 days in between
- 14 Feb 20263 of 3 present2 independent · 2 days in between
- 11 Feb 20263 of 3 present2 independent · 4 days in between
- 6 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Dipak Rana
Yatharth Mimrot, Chirag Jonwal
- 2 Jun 20263 of 3 present3 independent · 35 days in between
- 27 Apr 20263 of 3 present2 independent · 1 day in between
- 25 Apr 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Dipak Rana
Yatharth Mimrot, Jaivikkumar Patel
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Jaivikkumar Patel
Sejalben Rakeshkumar Rathod, Chirag Jonwal
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Sarang Shivajirao Chavan and AssociatesPeer-review certificate valid to Jun 2028
1 earlier auditor
- J Singh & AssociatesNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Cropster Agro AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Cropster Agro share news and announcements
Annual general meeting, 30 Sep 2026
1,14,620 shareholders on the register on 23 Sep 2026; present: 0 promoters and 34 others; votes counted by Jay Pandya / Jay Pandya & Associates.The company's voting result (opens in a new tab)
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.MoreLess
Ordinary99.96% for0.04% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 23.13% · promoters 0.00% · institutions 0.00% · other public 23.13%
- To appoint Mr. Vijaykumar Kalabhai Nayak (DIN: 11839733) who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.87% for0.13% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 23.13% · promoters 0.00% · institutions 0.00% · other public 23.13%
- To appoint M/s. Sarang Shivajirao Chavan & Associates, Chartered Accountants, Ahmedabad (FRN: 159649W), as the Statutory Auditor of the Company.Ordinary99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 23.13% · promoters 0.00% · institutions 0.00% · other public 23.13%
- Appointment of Mr. Vijaykumar Kalabhai Nayak (DIN: 11839733) as Managing Director of the Company.Ordinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 23.13% · promoters 0.00% · institutions 0.00% · other public 23.13%
- Regularization of Mr. Pranav Mahadevbhai Pandit (DIN: 11888189) as Non-Executive and Independent Director of the Company.Special99.90% for0.10% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 23.13% · promoters 0.00% · institutions 0.00% · other public 23.13%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Fines and tax disputes
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyBSE LimitedSince 30 Jun 2026
Fine of Rs. 23,600/- was levied by the BSE Limited for late submission of Regulation 33 of SEBI (LODR) Regulations, 2015 for the Quarter and Year ended on March, 2026 and Company has filed Regulation 33 of SEBI (LODR) Regulations, 2015
Non-submission of the Financial Results within the period prescribed under regulation 33 of SEBI (LODR) Regulations, 2015 - Tax disputeIncome Tax DepartmentSince 13 Mar 2026Company is in process to file their replyAt the filing before: Assessment Order
- Tax disputeIncome Tax DepartmentSince 13 Mar 2026Company is in process to file their replyAt the filing before: Order under section 143(3)
- Tax disputeIncome Tax DepartmentSince 13 Mar 2026Company is in process to file their replyAt the filing before: Notice of Demand under section 156 of Income Tax Act, 2021
- Tax disputeIncome Tax DepartmentSince 13 Mar 2026Company is in process to file their replyAt the filing before: Notice under section 274 read with section 270A of the Income Tax Act, 1961
- Tax disputeIncome Tax DepartmentSince 5 Mar 2026Company is in process to file their replyAt the filing before: Notice under section 133(6) of the Income Tax Act, 1961
- Tax disputeIncome Tax DepartmentSince 23 Apr 2026Company is in process to file their replyAt the filing before: Notice under section 270A of the Income Tax Act, 1961
- Tax disputeIncome Tax DepartmentSince 15 May 2026Company is in process to file their replyAt the filing before: Notice of Demand under section 143(1)
2 more
- Tax disputeIncome Tax DepartmentSince 12 Jun 2026Company is in process to file their replyAt the filing before: Advance Tax Payment under Section 404, 405, 408 and 425 of Income Tax Act, 2025
- Tax disputeIncome Tax DepartmentSince 21 Jun 2026Company is in process to file their replyAt the filing before: Notice under section 143(2) of the Income Tax Act, 1961
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.