Zodiac Energy Ltd

Zodiac Energy Ltd. has successfully commissioned a 10.8 MWp solar power plant for Amanta Healthcare Limited. The plant is located in Village Baroda, Taluka Matar, District Kheda. This project completion marks a significant step for Zodiac Energy in expanding its portfolio of solar power installations.

Zodiac Energy Ltd has appointed M/s. Manubhai & Shah LLP, Chartered Accountants, as its Internal Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors on May 25, 2026, following the recommendations of the Audit Committee. Manubhai & Shah LLP, established in 1975, is a leading Chartered Accountancy firm with a global client base and ISO certifications.

Zodiac Energy Ltd's board has recommended a final dividend of ₹0.75 per equity share (7.5% of face value) for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting. The board also approved the audited standalone and consolidated financial results for the same period and appointed M/s. Manubhai & Shah LLP as the Internal Auditor for FY 2026-27.

Zodiac Energy Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They recommended a final dividend of ₹0.75 per equity share (7.5% of face value of ₹10), subject to shareholder approval at the upcoming Annual General Meeting. The board also approved the appointment of M/s. Manubhai & Shah LLP as Internal Auditor for FY 2026-27.

Zodiac Energy Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. A final dividend of ₹0.75 per equity share (7.5% of face value) was recommended, subject to shareholder approval. The board also approved the appointment of M/s. Manubhai & Shah LLP as Internal Auditor for FY 2026-27.

Zodiac Energy Ltd has scheduled a Board of Directors meeting on May 25, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a final dividend for the financial year ended March 31, 2026. The trading window is closed from April 1, 2026, and will reopen 48 hours after the declaration of the audited financial results.

Zodiac Energy Ltd has received a purchase order on April 29, 2026, from a domestic entity in Gujarat. The order is for the supply, installation, and commissioning of a 1.87 MWp DC captive Ground Mounted Solar PV Power Plant at Rajkot, Gujarat. This project falls under the Gujarat Renewable Power Policy, 2024 (Open Access Model). The aggregate value of the order is approximately ₹5,44,50,000/-, exclusive of GST. The company expects to execute the order within approximately six months. The name of the client has not been disclosed due to confidentiality obligations.

Zodiac Energy Ltd's Board of Directors, at a meeting on April 23, 2026, approved the change in designation of Mr. Dhaval Shah (DIN: 07933310) from Non-Executive Independent Director to Non-Executive Non-Independent Director. This change is effective from April 23, 2026, and is contingent on approval from shareholders at the upcoming General Meeting or within three months. The decision followed a recommendation from the Nomination and Remuneration Committee. Mr. Shah is a qualified Chartered Accountant and CFA, possessing approximately 19 years of professional experience in credit, risk management, corporate banking, and investment banking.

Zodiac Energy Ltd. announces the change in designation of Mr. Dhaval Shah from Non-Executive Independent Director to Non-Executive Non-Independent Director, effective April 23, 2026, subject to shareholder approval. This decision was made by the Board of Directors at their meeting on April 23, 2026, following the recommendation of the Nomination and Remuneration Committee. Mr. Shah's profile includes being a member of the Institute of Chartered Accountants of India and CFA Institute, USA, with extensive experience in finance and banking.

Zodiac Energy Ltd has received a Letter of Intent (LOI) from an international entity in Zambia for a turnkey solar power project. The project involves the design, supply, installation, testing, and commissioning of a 6 MWp DC, 5 MW AC Ground Mounted Solar PV Power Plant with a 1 MWh Battery Energy Storage System (BESS) in Lusaka. The aggregate value of this order is US $3,288,000, equivalent to approximately ₹30.85 Crores. The project is expected to be executed within approximately nine months. This LOI is anticipated to enhance the company's footprint in the renewable energy sector and contribute to its revenue streams during the project execution phase. The name of the client remains confidential.