GSP Crop Science Limited has announced the outcome of its Board Meeting held on November 13, 2026. The Board approved the unaudited financial results for the quarter and half-year ended September 30, 2026, along with limited review reports. Key decisions included the appointment of Mr. Shail Jayesh Shah as Chief Financial Officer, the retirement of Mr. Rajesh Valiya Naduvath, and the planned relocation of the company’s corporate office.
GSP Crop Science Board Meeting Outcomes
GSP Crop Science Limited convened its Board Meeting on Friday, November 13, 2026. The meeting’s primary agenda included the consideration and approval of the company’s financial results. The Board has approved the unaudited financial results, both standalone and consolidated, for the quarter and half-year ended September 30, 2026. These results were accompanied by Limited Review Reports issued by M/s. MSKC & Associates LLP, Chartered Accountants.
Key Financial and Operational Updates
The company also confirmed that there has been no deviation or variation in the utilization of proceeds raised through its Initial Public Issue (‘IPO’) from the objects stated in the Prospectus, as per Regulation 32(1) of the SEBI Listing Regulations. The Audit Committee and Board of Directors have reviewed and noted the statement of utilization of issue proceeds.
Management and Corporate Changes
In a significant management update, the Board approved the appointment of Mr. Shail Jayesh Shah, currently a Whole-Time Director, as the Chief Financial Officer (Key Managerial Personnel) of the Company, effective November 13, 2026. Concurrently, Mr. Rajesh Valiya Naduvath, Head of International Business and Strategy, retired from his services with effect from the close of business hours on November 13, 2026, ceasing to be a Senior Management Personnel.
Furthermore, the Board has consented to shift the company’s corporate office. The office will move from its current location at 404, Lalita Complex, Rasala Road, Mithakhali Six Road, Navrangpura, Ahmedabad to A-201, B-202, C-203, B23 Corporate Park, Behind Shivalik Shilp, Near ISCON Cross Roads, S.G. Highway, Sanidhya, Ahmedabad. This relocation is effective from December 03, 2026 and is intended for operational and administrative convenience within the same city.
The company has also disclosed the Key Managerial Personnel authorized to determine materiality of events and information, as per Regulation 30 (5) of SEBI Listing Regulations. These individuals include Mr. Bhavesh Vrajmohan Shah, Mr. Shail Jayesh Shah, and Mr. Kamleshbhai D Patel.
Reviewer’s Report
The Independent Auditor’s Review Report on the unaudited standalone and consolidated financial results has been provided. The review was conducted in accordance with the relevant SEBI regulations and standards, confirming that the results are prepared in compliance with Indian Accounting Standards and the Regulations. The report did not contain any qualifications.
Source: BSE
