Announced Tue, 16 Jun · 17:41 IST

Postal Ballot: Director Re-appointments and Remuneration Approval

Board & Shareholder Meetings View source PDF

ZODIAC · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+2.8%1-day move

₹278.75

prior close

₹275.65

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+2.0+2.9+2.9+2.5+2.8+0.9+1.5+0.8+1.0-1.7-4.6-6.4——

Up moveDown movePending

AI summary

Zodiac Energy has issued a postal ballot notice seeking shareholder approval via e-voting for 4 items: (1) re-appointment of Mr. Rakesh Patel as Independent Director for a 2nd 5-year term (Sep 2026–Aug 2031), (2) re-appointment of Mr. Ambar Patel as Independent Director for a 2nd 5-year term, (3) regularization of Mr. Dhaval Shah as Non-Executive Non-Independent Director, and (4) increase in remuneration of Mr. Jay Shah (Associate Director) to Rs. 5 lakh/month. E-voting: Jun 19 – Jul 19, 2026.

Likely market impact

Routine governance. Director re-appointments ensure board continuity; related-party remuneration needs shareholder approval per SEBI rules.