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Awaiting price reaction for this filing.
Zeal Aqua Limited has issued a Postal Ballot Notice seeking shareholder approval to appoint Mr. Pankajbhai Chimanlal Patel (DIN: 11371266) as a Non-Executive Independent Director for a five-year term from November 12, 2025 to November 11, 2030. Mr. Patel, aged 42, holds a B.E. in Electronics and Communication Engineering and has been in the textile business since 2010. He was initially appointed as an Additional Director on November 12, 2025, and this ballot seeks to confirm his appointment as an Independent Director via a Special Resolution. The e-voting window runs from January 8, 2026 to February 7, 2026, with results expected on February 9, 2026.
This is a routine governance action to formally appoint a new Independent Director through shareholder approval. It strengthens the board composition but is unlikely to have a direct material impact on stock price or shareholder value.