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Management Change15 Oct 2026, 12:45 pm

Zodiac Ventures Re-appoints MD & Whole-time Director for 5 Years

AI Summary

Zodiac Ventures Ltd's Board of Directors has approved the re-appointment of Mr. Jimit Ramesh Shah as Managing Director and Mr. Ramesh Virji Shah as Whole-time Director for a further consecutive period of five years each, effective November 2, 2026. The Board also recommended the appointment (regularization) of Mr. Mangilal Tikuchand Jogani as a Non-Executive Independent Director for a five-year term, subject to shareholder approval via postal ballot. The e-voting period for these resolutions will be from October 18, 2026, to November 17, 2026. Mr. Ramesh Shah has 35 years of experience in real estate, while Mr. Mangilal Jogani brings over 30 years of experience in the real estate sector.

Key Highlights

  • MD and Whole-time Director re-appointed for 5 years.
  • Independent Director appointment recommended for shareholder approval.
  • E-voting to take place from October 18 to November 17, 2026.
  • Key directors have extensive experience in the real estate sector.