Zenith Exports Limited has announced the cessation of Mr. Sanjay Kumar Shaw as Director due to his sad demise, as communicated to stock exchanges on March 6, 2026 under Regulation 30 of SEBI (LODR) Regulations, 2015.

Director Details and Tenure

Mr. Sanjay Kumar Shaw (DIN: 08507089) served as a Non-Executive Independent Director of the company. He had been associated with Zenith Exports Limited since August 12, 2019, contributing significantly to the company during his tenure as a member of the Board and various Committees.

Company's Statement

The company expressed deep sorrow over the loss, describing Mr. Shaw's sudden and unexpected passing as an irreparable loss to the organization. All directors and employees of the company have conveyed their deep sympathy, sorrow, and condolences to his family during this difficult time.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, and SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company has provided all required details as per regulatory requirements and requested the stock exchanges to take the information on record.

The communication was signed by Anita Kumari Gupta, Company Secretary & Compliance Officer of Zenith Exports Limited, and sent to both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited. The official intimation was filed on March 6, 2026, though the actual cessation occurred on February 8, 2026.

Zenith Exports Limited has formally announced the appointment of two new Non-Executive Independent Directors through an official filing under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The appointments were approved by the Board of Directors on March 6, 2026, based on recommendations from the Nomination and Remuneration Committee.

New Director Appointments

The board approved the appointment of Mrs. Priyanka Poddar and Mr. Subhajeet Kar as Additional Directors in the category of Non-Executive, Independent Directors. Both appointments are effective from March 6, 2026, for five-year terms, subject to shareholder approval to be obtained within three months.

Director Profiles and Expertise

Mrs. Priyanka Poddar brings professional expertise as a highly qualified company secretary and board director with three years of experience in leading organizations. Her attention to detail has helped companies maximize investments, reduce spending, and increase efficiency, along with strong knowledge of governing bylaws and company procedures.

Mr. Subhajeet Kar contributes extensive experience as a Senior Finance & Commercial Leader with over 26 years across multinational, public-sector, and technology-driven organizations in India, APAC, MEA, and OECD markets. He has led businesses worth over ₹1,500 crores, served as Managing Director of an international subsidiary, and directed USD 50 million+ multi-country projects. His expertise spans profitability improvement, pricing strategy, order-to-cash governance, contract negotiation, and ERP-led transformation.

Regulatory Compliance and Independence

Both newly appointed directors have confirmed they meet independence criteria under the Companies Act, 2013, and SEBI Listing Regulations. The company has verified that neither director is related to the Promoter or Promoter Group and both fulfill the required independence criteria.

The appointments strengthen the board's governance structure and bring diverse expertise in corporate governance, finance, and commercial operations to support the company's strategic objectives.