Members approve revised remuneration of Rs. 5,00,000/- per month each for MD and Whole-time Directors

Members of Zeal Aqua Ltd approved a revision in the remuneration payable to the Chairman & Managing Director and Whole-time Directors at the 18th AGM held on 30 September 2026.

Thu 1 Oct 2026

Revised remuneration

Rs. 5,00,000/- per month each

Effective date

1st October 2026

Meeting

18th AGM held on 30 September 2026

Directors covered

Chairman & Managing Director and Whole-time Directors

What the company informed the exchange

Zeal Aqua Ltd has intimated BSE that the Members approved a revision in the remuneration payable to its Key Managerial Personnel. The approval was given at the 18th Annual General Meeting of the Company held on Wednesday, 30 September 2026 at 04:30 p.m. (IST), conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).

The revised remuneration, effective 1st October 2026

• Mr. Pradipkumar Ratilal Navik, Chairman & Managing Director – Rs. 5,00,000/- per month
• Mr. Shantilal Ishwarlal Patel, Whole-time Director – Rs. 5,00,000/- per month
• Mr. Rohan Pradipkumar Navik, Whole-time Director – Rs. 5,00,000/- per month
• Mr. Dhavalkumar Shantilal Patel, Whole-time Director – Rs. 5,00,000/- per month

How the approval was framed

The update states that the revision was approved by the Members under Sections 196, 197 and 198 and other applicable provisions of the Companies Act, 2013, read with Schedule V to the Companies Act, 2013, and the applicable SEBI LODR Regulations. The effective date stated for each of the named persons is 1st October, 2026.

What kind of disclosure this is

It is an intimation under Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The letter is signed by Anita Digbijay Paul, Company Secretary and Compliance Officer.

What an investor can take away

Remuneration paid to key managerial personnel is a recurring cost for the company, and the update sets out the approved monthly amount for each person named, along with the date from which it applies. The figures above are the ones stated in the update, so the quantum and the effective date can be tracked directly against it.

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