Announcement under Regulation 30 (LODR) - Appointment of Statutory Auditor
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Cropster Agro's board has recommended M/s. D D S & Associates, an Ahmedabad-based peer-reviewed Chartered Accountancy firm, as the company's new Statutory Auditor for FY 2025-26. This follows the resignation of the previous auditor, M/s. J Singh & Associates, creating a casual vacancy. Just five days earlier, the board had recommended M/s. Shweta Jain & Co. LLP for the role, but withdrew that recommendation citing unavoidable circumstances expressed by that firm. The new appointment still needs shareholder approval at a general meeting to be held within three months.
Two back-to-back changes in auditor recommendation in under a week may draw minor governance attention from investors. Operationally, the change is administrative and should not materially affect the stock or shareholders pending member approval.