Postal Ballot: Director Re-appointments, Regularization & Remuneration Approval
ZODIAC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Zodiac Energy has issued a postal ballot notice seeking shareholder approval for: (1) Re-appointment of Mr. Rakesh Patel as Independent Director for a 2nd term of 5 years (Sept 2026-Aug 2031), (2) Re-appointment of Mr. Ambar Patel as Independent Director for a 2nd term of 5 years, (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. 5,00,000/month from July 1, 2026. E-voting runs June 19 to July 19, 2026; cut-off date is June 12, 2026.
Routine corporate governance items. Director continuity preserved; minor remuneration hike to Rs. 5 lakh/month. Unlikely to materially impact share price.