Proceedings of 34th Annual General Meeting held today, i.e. September 23, 2026

September 23, 2026 BSE Limited National Stock Exchange of India Limited P J Towers, “Exchange Plaza”, Bandra – Kurla Complex, Dalal Street, Bandra East, Mumbai – 400 001 Mumbai – 400051 Scrip Code: 543416 Symbol: ZODIAC Sub: Proceedings of the 34th Annual General Meeting of the Company pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations). Dear Sir/Madam, We wish to inform you that the 34th Annual General Meeting ("AGM") of the Company held on today i.e. Wednesday, September 23, 2026 at 11:30 A.M. (IST) and concluded at 11:53 A.M. (IST) through two-way video Conference/ Other Audio-Visual Means in compliance with the applicable provisions of the Companies Act, 2013 and the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. Pursuant to Regulation 30 read with Part-A of Schedule III to the SEBI (LODR) Regulations, 2015, please find enclosed herewith Summary of Proceedings of 34th Annual General Meeting. We request you to kindly take the same on record. Thanking You. Yours Faithfully, For, Zodiac Energy Limited Divya Joshi Company Secretary & Compliance Officer Place: Ahmedabad Encl: A/a Proceedings of the 34th Annual General Meeting of “Zodiac Energy Limited” (“Company”) The 34th Annual General Meeting (AGM) of the members of Zodiac Energy Limited (“the Company”) was held on Wednesday, September 23, 2026 (IST) through two-way video conferencing (“VC”) via Microsoft Teams Platform. The Meeting was conducted in accordance with relevant Circulars issued by the Ministry Corporate Affairs (‘MCA’) and the Securities and Exchange Board of India (‘SEBI’) in this regard. The meeting was commenced at 11:30 AM. As decided by the Board of Directors of the Company, Mr. Kunjbihari Shah, Managing Director, chaired the meeting. The following Directors and Key Managerial Personnel attended the meeting via VC: 1. Ms. Parul Shah – Whole Time Director 2. Mr. Dhaval Shah – Non-Executive Director 3. Mr. Kalpesh Joshi – Independent Director 4. Mr. Ambar Jayantilal Patel – Independent Director 5. Mr. Jaimin Shah – Independent Director 6. Ms. Shefali Karar – Chief Financial Officer 7. Ms. Divya Joshi – Company Secretary and Compliance Officer Further, the Authorised Representatives of the Statutory Auditors of the company – M/s. NPKU & Associates, the Secretarial Auditors of the company – M/s SCS & Co LLP and the Scrutinizer – M/s SCS & Co LLP for the meeting, were also present at the meeting. Ms. Divya Joshi, Company Secretary and Compliance Officer of the Company commenced the proceeding of Annual General Meeting. On behalf of the Chairman, she welcomed the Shareholders of the Company and informed them, that as per the Circular issued by the Ministry of Corporate Affairs and Securities Exchange Board of India, the meeting was conducted through video conference VC/ OAVM. The requisite quorum being present and with the permission of the Chairman, she called the Meeting to be in order. Then after, she introduced all the Directors and Invitees present at the meeting. The Shareholders were also informed that: • The e-voting platform is open for voting during the meeting and will be open for 15 minutes after the conclusion of the meeting. The shareholders who have not casted their votes by remote e-voting can cast their votes now electronically by clicking on the voting button visible on their screen. • The Register of Directors’ and Key Managerial Personnel, the Register of Contracts and all other documents referred to in the Notice of the meeting are available for inspection in electronic forms. Members may inspect the same by requesting the Company cs@zodiacenergy.com • The Board of Directors has appointed SCS and Co. LLP, Company Secretaries, as Scrutinizer to scrutinize the votes casted during the meeting and the votes casted through remote e-voting platform of NSDL. The results will be declared after receiving the Scrutinizer report at the earliest within 2 working days after the meeting. The results will also be available on website of the Company. • For the smooth conduct of the AGM and to avoid background disturbance, the members will remain in mute mode and audio and video will be enabled only when they are invited to speak at the AGM as per the pre registrations. Thereafter, the Company Secretary requested the Chairman, Mr. Kunjbihari Shah to address the shareholders and to share the overall performance and outlook of the Company for the financial year 2025-26. Mr. Kunjbihari Shah addressed the shareholders and provided an overview of the following matters: • Performance of the Company during the Financial Year 2025-26 • Transformation of Zodiac into an Integrated Energy Company • Expansion of IPP Business • Entry into Energy Storage & Transmission • Objective for the coming years Before concluding his speech, the Chairman extended Words of appreciation and gratitude towards the Company’s employees, customers, lenders, shareholders and all the invitees for their continued trust and their valuable support. Thereafter, Ms. Divya Joshi, Company Secretary & Compliance Officer of the Company continued with the further proceedings of the meeting. With the consent of the Members present at the meeting, the Notice convening the 34th Annual General Meeting, the Report of Board of Directors and the Accounts for the Financial Year ended March 31, 2026 were taken as read. She further informed that Secretarial Audit Report for the Financial Year ending March 31, 2026 contained qualification and she read it in the meeting along with clarifications provided by management of the Company. The Statutory Auditor’s Report for financial year 2025-26 contained no qualifications or observations and was taken as read. Thereafter, the following resolutions as set out in the Notice convening the 34th Annual General Meeting were taken as read with the permission of Shareholders: Sr. Details of Resolutions Type of Resolution No. (Ordinary/ Special) ORDINARY BUSINESS 1 To receive, consider and adopt the audited standalone financial statements of the Ordinary Resolution Company for the financial year ended on March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon. 2 To receive, consider and adopt the audited consolidated financial statements of Ordinary Resolution the Company for the financial year ended on March 31, 2026, together with the report of Auditors thereon. 3 To declare final dividend of Rs. 0.75/- (Rupees Seventy-five paisa only) per Ordinary Resolution Equity share of face value Rs.10/- each (i.e. 7.5 % of face value) for the financial year ended on March 31, 2026 4 To appoint a director in place of Mrs. Parul Kunjbihari Shah (DIN: 00378095), Ordinary Resolution Whole Time Director, who retire by rotation and being eligible, offers herself for re-appointment. SPECIAL BUSINESS 5 To consider and approve the alteration of Articles of Association for provision Special Resolution relating to removal of common seal. Further, she informed the Members that the Company had received requests from certain shareholders to register themselves as speaker shareholders for the AGM through e-mail prior to the commencement of the Meeting. With the permission of the Chair, she opened the floor for the registered speaker shareholders to ask questions and express their views. However, no questions were raised by any of the registered speaker shareholders during the Meeting. She also informed the Members that the e-voting window was made available for 15 minutes after the closure of the meeting. After completion of the voting process, the Scrutinizer shall compile the consolidated results and submit the final report to the Company. Based on the report of the Scrutinizer, the Company will announce the results to the Stock Exchanges and publish the same on its website within the stipulated timelines. At the end, Ms. Divya Joshi, Company Secr [Showing first 8,000 characters — download PDF for full document]