Board of Directors at their meeting held today has approved the appointment of Statutory Auditor of the Company. Details are attached herewith.
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Zeal Aqua Limited's Board approved the appointment of M/s D C Jariwala & Co, Chartered Accountants (FRN: 104063W), as the new Statutory Auditor on September 5, 2025. This appointment fills the casual vacancy left by the resignation of the previous auditor, M/s Patel Kabrawala And Co. The new auditor will also serve a full 5-year term from FY2025-2026 to FY2029-2030, subject to shareholder approval at the upcoming AGM. D C Jariwala & Co is a Surat-based peer-reviewed CA firm established in 1986 offering audit, tax, and compliance services. The change requires shareholder ratification within three months.
The mid-term change of statutory auditor is a governance event investors should monitor — while the new firm is reputable and peer-reviewed, the resignation of the previous auditor may warrant scrutiny into any underlying issues. Subject to shareholder approval at the next AGM.