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.

zodiac energy has appointed Mr. Suraj Dhruv as Business Head effective June 18, 2026. The appointment strengthens the company's senior management team as it focuses on business expansion and strategy within the renewable energy ecosystem.

Mr. Dhruv brings over 13 years of experience working with leading conglomerates, government enterprises, and high-growth organizations. His expertise spans Solar-Wind Hybrid Projects, Battery Energy Storage Systems (BESS), Green Hydrogen, Open Access Power, Captive & Group Captive Models, and Renewable Energy Infrastructure development.

Prior to this role, he held leadership positions at organizations including Adani Group, Reliance Industries, Gensol Engineering (Matrix Gas & Renewables Ltd.), Gujarat State Petronet Limited (Government of Gujarat), Prozeal Green Energy Ltd., and Lubi Group. He holds a B.Tech degree and an MBA from Deakin Business School.

The appointment was disclosed to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.