Zodiac Energy Ltd has accepted the resignation of Ms. Hitakshi Thakkar from the position of Assistant General Manager - Supply Chain Management, effective June 30, 2026. The resignation, attributed to personal reasons, was communicated to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company informed BSE Limited and the National Stock Exchange of India Limited that Ms. Thakkar was classified as a Senior Management Personnel under Regulation 16(1)(d) of the Listing Regulations. Her departure is effective from the close of business hours on Tuesday, June 30, 2026.

Resignation Details

The disclosure regarding the change in senior management personnel was made in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The specific particulars of the resignation are outlined below:

The resignation was formally submitted via email on May 11, 2026, and subsequently accepted by the management on June 30, 2026. In her resignation communication, Ms. Thakkar expressed gratitude for the opportunities and professional growth received during her tenure and committed to ensuring a smooth handover of responsibilities during the transition period.

Zodiac Energy Ltd has revised the remote e-voting period for its postal ballot process, moving the closing date to July 18, 2026, at 5:00 P.M. IST. The company issued a corrigendum to rectify an inadvertent error in the original notice dated June 15, 2026, which had stated the deadline as July 19, 2026. The voting commenced on June 19, 2026, at 9:00 A.M. IST, and the record date for determining shareholder eligibility remains June 12, 2026. The corrigendum also inserts disclosures required under Regulation 36(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the directors proposed for appointment or re-appointment.

Revised Voting Schedule

Shareholders can participate in the remote e-voting process during the revised window. The company clarified that all other terms and conditions of the postal ballot notice remain unchanged.

Director Proposals and Disclosures

The postal ballot seeks shareholder approval for the re-appointment of two Independent Directors and the regularization of a Non-Executive Non-Independent Director. The Board approved these proposals on June 15, 2026, to ensure governance continuity. The corrigendum includes detailed profiles and disclosures for Mr. Rakesh Arvindbhai Patel, Mr. Ambar Jayantilal Patel, and Mr. Dhaval Shah.

Mr. Rakesh Arvindbhai Patel (DIN: 00373019) and Mr. Ambar Jayantilal Patel (DIN: 00050042) are proposed for re-appointment as Non-Executive Independent Directors for a term of five years from September 1, 2026, to August 31, 2031. Mr. Patel brings over 25 years of experience in the food export industry, while Mr. Ambar Patel offers 43 years of expertise in the printing and gravure industry.

Mr. Dhaval Shah (DIN: 07933310) is proposed for regularization as a Non-Executive Non-Independent Director, following a Board decision on April 23, 2026, to change his designation. He is a Fellow Chartered Accountant and CFA Charterholder with nearly 19 years of experience in credit and risk management. The resolutions also include an approval for the remuneration of Mr. Jay Kunjbihari Shah as Associate Director effective July 1, 2026, fixed at ₹5,00,000 per month.

Governance and Compliance

National Securities Depository Limited (NSDL) acts as the Remote E-Voting Agency, and M/s. SCS and Co. LLP serves as the Scrutinizer. The company affirmed that none of the proposed directors are debarred from holding office by SEBI or disqualified under the Companies Act, 2013. The result of the postal ballot will be declared on or before July 21, 2026.