Board re-appoints 2 independent directors, regularizes 1 director

Zodiac Energy's board, at its June 15, 2026 meeting, approved the re-appointment of Mr. Rakesh Arvindbhai Patel and Mr. Ambar Jayantilal Patel as Non-Executive Independent Directors for a second 5-year term starting September 1, 2026, to August 31, 2031, subject to shareholder approval. It also approved the regularization of Mr. Dhaval Shah as Non-Executive Non-Independent Director (his designation changed from Independent Director on April 23, 2026). Additionally, remuneration was approved for Mr. Jay Kunjbihari Shah as Associate Director from July 1, 2026. A postal ballot will seek shareholder approval for these items.