StockWatch
·
Seafood
Clarification29 Aug 2026, 12:01 pm

Zeal Aqua Clarifies EGM Approval for Director's Continuation

AI Summary

Zeal Aqua Ltd has issued a corrigendum to its previous disclosure regarding the continuation of Mr. Shantilal Ishwarlal Patel as Whole-time Director. The company clarified that the approval was granted at an Extraordinary General Meeting (EGM), not an Annual General Meeting (AGM) as inadvertently stated due to a clerical error. The EGM, held on August 28, 2026, via Video Conferencing/Other Audio-Visual Means, approved Mr. Patel's continuation as Whole-time Director despite him attaining the age of 70 years, in compliance with Section 196(3)(a) of the Companies Act, 2013. All other details of the original disclosure remain unchanged.

Key Highlights

  • Corrigendum issued to correct meeting type for director's continuation.
  • Mr. Shantilal Ishwarlal Patel's directorship continuation approved.
  • Approval granted at Extraordinary General Meeting (EGM).
  • Compliance with Companies Act, 2013 Section 196(3)(a) confirmed.
  • Inadvertent clerical error in previous disclosure rectified.