Members approve rectification of appointment terms of MD and Whole-time Directors
Members at the 18th AGM approved rectifying a clerical error in the June 2025 Postal Ballot.
- Meeting
- 18th Annual General Meeting held on 30 September 2026
- Appointment period (corrected)
- five years from 26 June 2025 to 25 June 2030
- Period replaced
- "26 June 2025 to 26 June 2030"
- Source document
- Postal Ballot dated 27 June 2025
- Other terms
- All other terms and conditions of appointment and remuneration remain unchanged
The company informed the exchange that members approved corrections to the recorded appointment terms of its Chairman and Managing Director and its Whole-time Directors.
What was approved
At the 18th Annual General Meeting held on Wednesday, 30 September 2026, members approved rectification of the term of appointment of three key managerial persons. The update describes this as a correction of an inadvertent clerical/drafting error in the Postal Ballot dated 27 June 2025.
The appointments covered
- Mr. Pradipkumar Ratilal Navik (DIN: 01067716), Chairman and Managing Director
- Mr. Shantilal Ishwarlal Patel (DIN: 01362109), Whole-time Director
- Mr. Rohan Pradipkumar Navik (DIN: 02531248), Whole-time Director
The correction
For each of the three, the period of appointment is now to be read and construed as five years commencing 26 June 2025 and ending 25 June 2030, instead of the period mentioned in the Postal Ballot as "26 June 2025 to 26 June 2030".
What stays the same
- Except for the correction in the period of appointment, all other terms and conditions of appointment and remuneration remain unchanged and continue to be in full force and effect.
How to read this
This is a rectification of the closing date recorded for the same five-year term. It is not described as a fresh appointment, and the remuneration and other terms are stated to continue unchanged.
The intimation was signed by Anita Digbijay Paul, Company Secretary and Compliance Officer.
Also from Zeal Aqua
Members approve re-appointment of Dhavalkumar Shantilal Patel as Whole-time Director for three years
1 Oct 2026
Members approve Secretarial Auditor appointment for five consecutive financial years
1 Oct 2026
Members approve revised remuneration of Rs. 5,00,000/- per month each for MD and Whole-time Directors
1 Oct 2026
More numbers
- Rectified appointment period - Chairman and Managing Directorfive years
- Rectified appointment period - Whole-time Director Mr. Shantilal Ishwarlal Patelfive years
- Rectified appointment period - Whole-time Director Mr. Rohan Pradipkumar Navikfive years
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