This is to inform you that a meeting of the Board of Directors of the Company was held today i.e. Saturday, 24th May, 2025 at 10.00 A.M. and concluded at 1:25 pm at the Registered Office ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Zeal Aqua Ltd's board, which met on 24 May 2025, approved the appointment of three directors for a five-year term, subject to shareholder approval via postal ballot (effective 26 June 2025). Mr. Pradipkumar Ratilal Navik was named Managing Director; Mr. Rohan Pradipkumar Navik and Mr. Shantilal Ishwarlal Patel were named Whole Time Directors. All three are from the company's promoter group or closely related promoter families — Pradipkumar is Rohan's father, and Shantilal is the father of an existing Whole Time Director. The company also approved a postal ballot notice to pass a special resolution for these appointments, with the cut-off date set as 23 May 2025. None of the appointees have been debarred by SEBI or any other authority.
This is a promoter-family led restructuring of the top management, with key board seats going to existing promoter families rather than outside professionals. Shareholders will vote on these appointments through a postal ballot; for retail investors, this means long-term direction of the shrimp-farming company stays within the founding/promoter circle.