Zenith Fibres Limited has notified BSE Limited of an upcoming Board of Directors meeting scheduled for Friday, May 29, 2026. The intimation has been filed pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time.

Agenda for the Board Meeting

The Board of Directors is set to deliberate on key financial and corporate matters pertaining to the Financial Year ended March 31, 2026 (2025-26). The following items are on the agenda for consideration and approval:

Trading Window Closure

In continuation of the company's earlier communication dated March 26, 2026, Zenith Fibres has also disclosed the status of its Trading Window for securities transactions. The Trading Window for buying, selling, pledging, dealing, and trading in the company's securities has been closed since Wednesday, April 01, 2026. The closure will remain in effect until the completion of 48 hours after the declaration or publication of the Audited Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026 (2025-26), which is Sunday, May 31, 2026. This measure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended.

Company Details

The filing was signed by Dharati Bhavsar, Company Secretary of Zenith Fibres Limited, and submitted to the Corporate Relations Department of BSE Limited on May 19, 2026. The company's registered office is located at 311, Marol Bhavan, Marol Co-Op. Ind. Estate Ltd., M.V. Road, Andheri (E), Mumbai - 400059, Maharashtra, India, with its corporate office situated at 103 "Synergy House", Subhanpura Road, Vadodara - 390023, Gujarat, India. The information has also been made available on the company's official website at www.zenithfibres.com .

Zenith Fibres Limited has taken legal recourse against its insurer after its insurance claim related to a windmill generator failure was rejected. The company filed a consumer complaint on May 09, 2026 before the Hon'ble Consumer Disputes Redressal Commission, District South Mumbai, against New India Assurance Company Limited, seeking recovery of Rs. 185 lakhs — the actual cost incurred for the restoration and repair of the failed generator at its windmill located at Vejalpur, Village Khakhrechi, Taluka Maliya-Miyana, District Morbi, Gujarat.

Background: Windmill Disruption and Insurance Claim Repudiation

The matter stems from a temporary disruption in power generation at the company's Gujarat windmill, which was first disclosed to the exchanges on September 13, 2024. Following the disruption, Zenith Fibres notified its insurer of an estimated loss of Rs. 2 crores, after which a surveyor was appointed and the inspection process was completed. However, the insurer subsequently rejected the claim, with no amount realized under the insurance policy. The company had made further disclosures regarding the matter on March 03, 2025 and September 25, 2025, in compliance with its regulatory obligations.

Key Details of the Consumer Complaint

The following table summarizes the key particulars of the insurance claim and legal action as disclosed by the company:

Restoration and Operational Impact

Zenith Fibres confirmed that normalcy has been fully restored through the replacement of the damaged generator with a new one. The windmill resumed generating power smoothly as of March 1, 2025. Importantly, the company stated that the production of Polypropylene Staple Fiber was not affected during the disruption period, limiting the operational impact of the incident.

Regulatory Disclosure

The intimation was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD/2/1/3762/2026 dated January 30, 2026. The disclosure was signed by Dharati Bhavsar, Company Secretary of Zenith Fibres Limited, and submitted to BSE Limited on May 09, 2026. The company has stated that it initiated legal proceedings consequent to the repudiation of the insurance claim, seeking recovery of the expenditure incurred towards restoration and repair of the failed generator.