Zeal Aqua Limited Announces Statutory Auditor Change and Sets 17th AGM Date
Zeal Aqua has appointed M/s D C Jariwala & Co. as new statutory auditors, replacing M/s Patel Kabrawala and Co. The 17th AGM is scheduled for September 30, 2025, via video conferencing. Mr. Shahzad Yazdi Gandhi resigned as Independent Director. Mr. Dhavalkumar Shantilal Patel's remuneration as Whole-Time Director revised to Rs. 3,00,000 per month. The company approved the Director's Report, Annual Report, and appointed a scrutinizer for e-voting.

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Zeal Aqua , a prominent player in the aquaculture industry, has made several significant announcements following its board meeting held on September 5, 2025. The company has disclosed changes in its statutory auditor, set the date for its upcoming Annual General Meeting (AGM), and revealed other important corporate decisions.
Change in Statutory Auditor
The board of Zeal Aqua has accepted the resignation of M/s Patel Kabrawala and Co., Chartered Accountants, as the company's statutory auditors. The outgoing auditors cited pre-occupation with other assignments as the reason for their departure, effective September 4, 2025.
To fill this vacancy, the board has appointed M/s D C Jariwala & Co., Chartered Accountants, as the new statutory auditors of the company. This appointment is subject to shareholder approval at the upcoming Annual General Meeting. M/s D C Jariwala & Co. is set to hold office from September 5, 2025, until the conclusion of the 22nd AGM, covering a period of five years.
17th Annual General Meeting
The company has scheduled its 17th Annual General Meeting for September 30, 2025, to be held via video conferencing. In preparation for the AGM, the board has set the book closure dates from September 22 to September 25, 2025, with September 23, 2025, designated as the cut-off date for e-voting purposes.
Board Composition and Remuneration Changes
Zeal Aqua also announced changes in its board composition. The company noted the resignation of Mr. Shahzad Yazdi Gandhi from his position as Independent Director, effective August 25, 2025.
Additionally, the board approved revised remuneration terms for Mr. Dhavalkumar Shantilal Patel, who serves as a Whole-Time Director. Subject to shareholder approval, Mr. Patel's revised remuneration is set at Rs. 3,00,000.00 per month, effective from September 22, 2025, until September 21, 2027.
Other Key Decisions
The board meeting also covered several other important matters:
- Approval of the Director's Report for the year ended March 31, 2025.
- Approval of the Annual Report for the financial year 2024-25.
- Appointment of Mr. Dhaval P. Master as the scrutinizer for e-voting at the 17th AGM.
- Recommendation for the reappointment of Mr. Rohan Pradipkumar Navik, who retires by rotation and offers himself for reappointment.
These developments reflect Zeal Aqua's commitment to maintaining strong corporate governance practices and ensuring transparency with its shareholders. The upcoming AGM will provide an opportunity for shareholders to engage with the company's management and vote on these crucial matters.
Historical Stock Returns for Zeal Aqua
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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-0.20% | -1.20% | -11.13% | -23.14% | -27.79% | +56.40% |