Zeal Aqua logo

Zeal Aqua MD, chairman, board of directors and AGM

BSE: 539963Food ProductsSmall Cap

Last close ₹9.68down ₹0.34 (3.39%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹10.02.

52-week range of traded prices to 23 Oct 2026
₹9.10Low, 23 Oct 2026₹17.80High, 13 Feb 2026
Market cap
₹122 Cr2,560th largest listed
P/E
8.3
P/B
1.2
Dividend yield
Nonein the last 12 months
ROE
15.3%
ROCE
7.8%
Debt to equity
1.80
Volume, BSE
1,66,197

Zeal Aqua board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorPradipkumar Ratilal NavikRelated to the promoter
  • Company Secretary and Compliance OfficerANITA DIGBIJAY PAUL

8 directors4 independent4 executive

  • Shantilal Ishwarlal PatelExecutive · joined Mar 2009 · reappointed Jun 2025 · 0 months as independent · 1 listed board · 1 committee seat
  • Pradipkumar Ratilal Navik · Chairperson and managing directorExecutive · joined Mar 2009 · reappointed Jun 2025 · 0 months as independent · 1 listed board
  • Rohan Pradipkumar NavikExecutive · joined Jun 2011 · reappointed Jun 2025 · 0 months as independent · 1 listed board
  • Dhavalkumar Shantilal PatelExecutive · joined Sep 2017 · reappointed Sep 2022 · 0 months as independent · 1 listed board
  • Cyrus Dinsha BhathenaIndependent · joined Oct 2017 · reappointed Oct 2022 · 45 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • KRUTIKA THAKORBHAI PATELIndependent · joined Oct 2024 · 21 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • SNEHAL BHAVIK PATELIndependent · joined Oct 2024 · 21 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • PANKAJBHAI CHIMANLAL PATELIndependent · joined Nov 2025 · 7 months as independent · 1 listed board · 1 as independent · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

3 directors who left
  • Shahzad Yazdi Gandhi, left 25 Aug 2025: Others
  • Naginbhai Paragbhai Patel, left 31 Jan 2025: Others
  • Sharmin Mehernosh Dordi, left 31 Jan 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 22 Jun 20268 of 8 present4 independent · 24 days in between
    • 28 May 20268 of 8 present4 independent · no day in between
    • 27 May 20268 of 8 present4 independent · 24 days in between
    • 2 May 20268 of 8 present4 independent · 9 days in between
    2 earlier meetings
    • 22 Apr 20268 of 8 present4 independent · 28 days in between
    • 24 Mar 20268 of 8 present4 independent

  • Audit Committee

    Chair KRUTIKA THAKORBHAI PATEL

    Cyrus Dinsha Bhathena, Shantilal Ishwarlal Patel

    • 22 Jun 20263 of 3 present2 independent · 24 days in between
    • 28 May 20263 of 3 present2 independent · no day in between
    • 27 May 20263 of 3 present2 independent · 24 days in between
    • 2 May 20263 of 3 present2 independent · 38 days in between
    1 earlier meeting
    • 24 Mar 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair KRUTIKA THAKORBHAI PATEL

    Cyrus Dinsha Bhathena, PANKAJBHAI CHIMANLAL PATEL

    • 22 Apr 20263 of 3 present3 independent · 34 days in between
    • 18 Mar 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair SNEHAL BHAVIK PATEL

    Cyrus Dinsha Bhathena, PANKAJBHAI CHIMANLAL PATEL

    • 22 Apr 20263 of 3 present3 independent · 70 days in between
    • 10 Feb 20263 of 3 present3 independent

  • Corporate Social Responsibility Committee

    Chair Pradipkumar Ratilal Navik

    Shantilal Ishwarlal Patel, SNEHAL BHAVIK PATEL

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • D C JARIWALA & COPeer-review certificate valid to May 2026
1 earlier auditor
  • PATEL KABRAWALA & CO.Named in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Zeal Aqua AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Zeal Aqua share news and announcements

Annual general meeting, 30 Sep 2026

31,583 shareholders on the register on 23 Sep 2026; present: 3 promoters and 38 others; votes counted by Manish R. Patel / Manish R. Patel.The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED ON 31ST MARCH, 2026, TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS' THEREON.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 71.07% · promoters 97.22% · institutions 0.00% · other public 14.55%

  2. TO APPOINT A DIRECTOR IN PLACE OF MR. SHANTILAL LSHWARLAL PATEL (DIN: 01362109), WHOLE-TIME DIRECTOR, LIABLE TO RETIRE BY ROTATION IN TERMS OF SECTION 152(6) OF THE COMPANIES ACT, 2013 AND WHO BEING ELIGIBLE SEEKS RE-APPOINTMENT IN THE COMPANYMoreLess
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 60.42% · promoters 81.64% · institutions 0.00% · other public 14.55%

  3. TO APPROVE REVISION IN THE REMUNERATION OF MR. PRADIPKUMAR RATILAL NAVIK (DIN: 01067716), CHAIRMAN AND MANAGING DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 61.19% · promoters 82.76% · institutions 0.00% · other public 14.55%

  4. TO APPROVE REVISION IN THE REMUNERATION OF MR. SHANTILAL ISHWARLAL PATEL (DIN: 01362109), WHOLE TIME DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 60.45% · promoters 81.64% · institutions 0.00% · other public 14.57%

  5. TO APPROVE REVISION IN THE REMUNERATION OF MR. ROHAN PRADIPKUMAR NAVIK (DIN: 02531248), WHOLE TIME DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 69.96% · promoters 95.54% · institutions 0.00% · other public 14.57%

  6. TO APPROVE REVISION IN THE REMUNERATION OF MR. DHAVAL SHANTILAL PATEL (DIN: 02961674), WHOLE TIME DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 70.73% · promoters 96.66% · institutions 0.00% · other public 14.57%

  7. RECTIFICATION OF TERM OF APPOINTMENT OF MR. PRADIPKUMAR RATILAL NAVIK (DIN: 01067716), CHAIRMAN AND MANAGING DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 61.22% · promoters 82.76% · institutions 0.00% · other public 14.57%

  8. RECTIFICATION OF TERM OF APPOINTMENT OF MR. SHANTILAL ISHWARLAL PATEL (DIN: 01362109) AS A WHOLE TIME DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 60.45% · promoters 81.64% · institutions 0.00% · other public 14.57%

  9. RECTIFICATION OF TERM OF APPOINTMENT OF MR. ROHAN PRADIPKUMAR NAVIK (DIN: 02531248) AS A WHOLE TIME DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 69.96% · promoters 95.54% · institutions 0.00% · other public 14.57%

  10. RECTIFICATION OF TERM OF APPOINTMENT OF MR. DHAVALKUMAR SHANTILAL PATEL (DIN: 02961674) AS A WHOLE TIME DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 70.73% · promoters 96.66% · institutions 0.00% · other public 14.57%

  11. APPOINTMENT OF SECRETARIAL AUDITOR
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 71.11% · promoters 97.22% · institutions 0.00% · other public 14.57%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 28 Aug 2026, 1 resolution

31,797 shareholders on the register on 21 Aug 2026; present: 8 promoters and 48 others; votes counted by Manish R. Patel / Manish R. Patel.The company's voting result (opens in a new tab)

  1. 1. Approval for continuation of the appointment of Mr. Shantilal Ishwarlal Patel (DIN: 01362109) as Whole-Time Director upon attaining the age of 70 years pursuant to Section 196(3)(a) of the Companies Act, 2013MoreLess
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 32.09% · promoters 37.85% · institutions 0.00% · other public 19.63%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.