Please find attached herewith the Annual Report for Financial Year 2025-26, along with the Notice of 18th Annual General Meeting of the Company to be held on Wednesday 30th September, 2026 at 4:30 P.M. (IST)

ZEAL AQUA LIMITED CIN No: L05004GJ2009PLC056270 Date: 08/09/2026 BSE LIMITED Phiroze Jeejeebhoy towers, Dalal Street, Mumbai- 400 001. Scrip Code : ZEAL | 539963 Subject : Annual Report of the Company for the Financial Year 2025-26. Dear Sir/Madam, Pursuant to the provisions of Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to enclose herewith the Annual Report for the financial year 2025-26 of the Company. The same is available on the website of the Company at www.zealaqua.com. Kindly take the above information on record. Thanking You. Yours Faithfully, For Zeal Aqua Limited Anita Digbijay Paul Company Secretary and Compliance Officer FCS:9282 Place: Surat Encl.: As above Regd. Office: Block No. 347, Vill. Orma, Ta: Olpad, Surat, Gujarat 394540 India Tel.: +91 -2621-220047Email: zealaqua@gmail.com, Website: www.zealaqua.com Annual report 2025-26 ZEAL AQUA LIMITED ANNUAL REPORT 2025-26 REGISTERED OFFICE CIN: L05004GJ2009PLC056270 Block No. 347, Vill: Orma, Ta: Olpad, Surat-394540, Gujarat, India Tel: +91-02621-220047 Email: zealaqua@gmail.com Website: www.zealaqua.com Index Content Page No. Corporate information 03 Notice of 18th AGM 04 Directors Report 28 Corporate Governance Report 38 Secretarial Audit Report 66 Management Discussion and Analysis 70 Report on CSR Activities 79 Independent Audit Report 85 Financial Statements 97 2 | P a ge REGISTRAR & SHARE TRANSFER AGENT CORPORATE INFORMATION M/s. Bigshare Services Private Limited BOARD OF DIRECTORS Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Mr. Pradipkumar Ratilal Navik Andheri (East) Mumbai- 400093, Maharashtra Chairman & Managing Director Tel.:+91-022-62638200 DIN: 01067716 Fax: +91-022-62638299 Email: info@bigshareonline.com Mr. Shantilal Ishwarlal Patel Website: www.bigshareonline.com Whole Time Director DIN: 01362109 CHIEF FINANCIAL OFFICER Mr. Jayan Rajeshkumar Patel Mr. Rohan Pradipkumar Navik Whole Time Director COMPANY SECRETARY & COMPLIANCE OFFICER DIN: 02531248 Mrs. Anita Digbijay Paul (Appointed w.e.f. 01.06.2025) Mr. Dhavalkumar Shantilal Patel STATUTORY AUDITORS Whole Time Director M/s. D C Jariwala & Co. DIN: 02961674 Chartered Accountants (FRN: 104063W) 1G, Siddh Shila Apt, B/s Jivan Bharti Rotary Hall Mr. Cyrus Dinsha Bhathena Nanpura, Surat-395001, Gujarat Independent Director Ph: +91-74054 25215 DIN: 07967136 E-mail: info@dcjariwalaandco.com Mrs. Krutika Thakorbhai Patel BANKER TO THE COMPANY Women Independent Director DIN: 09433113 Indian Bank Shop 4, Trade House, Ground Floor, Ms. Snehal Bhavik Patel Opp. Fire Brigade, Ring Road, Women Independent Director Surat, Gujarat- 395003 DIN: 10765267 Ph. No.: 02612360441 Mr. Pankajbhai Chimanlal Patel Bank of India (Appointed as on 12.11.2025) Bank of India Building, 1st Floor, Independent Director Ghoddod Road, Surat-395001 DIN: 11371266 Ph. No.: +91-261-2240012/14 Fax: +91-261-2240013 REGISTERED OFFICE CIN: L05004GJ2009PLC056270 Punjab National Bank Block No. 347, Vill: Orma, Ta: Olpad, First Floor, Meghani Tower, Surat-394540, Gujarat, India Station Road, Delhi Gate, Surat-395003, Gujarat Tel: +91-02621-220047 Ph. No.: +91-261-2411038 Email: zealaqua@gmail.com Fax: +91-261-2422112 Website: www.zealaqua.com Scrip ID/Code: ZEAL/539963 Axis Bank ISIN: INE819S01025 Digvijay Towers, Opp. St. Xaviers School, Ghod Dod Road, Surat - 395001 Gujarat Tel: +91- 0261-4082300/4082341 18TH ANNUAL GENERAL MEETING Date: 30th September, 2026 Day: Wednesday Time: 04.30 P.M. 3 | P a ge NOTICE OF 18TH ANNUAL GENERAL MEETING NOTICE is hereby given that the 18thAnnual General Meeting of the Members of Zeal Aqua Limited will be held on Wednesday, 30th September, 2026 at 04:30 pm (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) to transact the following items of business: ORDINARY BUSINESS: 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. 2. To re-appoint a Director in place of Mr. Shantilal lshwarlal Patel (DIN: 01362109), who retires by rotation and being eligible, offers himself for re-appointment. SPECIAL BUSINESS: 3. To approve revision in the remuneration of Mr. Pradipkumar Ratilal Navik (DIN: 01067716), Chairman and Managing Director of the Company: To consider and if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Section 196, 197, 198 and all other applicable provisions, if any, of the Companies Act, 2013 (‘Act’) read with Schedule V to the said Act, the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modification(s) or re- enactment(s) thereof for the time being in force), Regulation 17(6)(e) and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and on recommendation of the Nomination and Remuneration Committee and Audit Committee and subject to such other approvals as may be necessary, the approval of the Members be and is hereby accorded for revision in remuneration payable to Mr. Pradipkumar Ratilal Navik (DIN: 01067716), Chairman and Managing Director of the Company w.e.f. October 01, 2026, for the period commencing from October 01, 2026 up to June 25, 2028, being the date on which three years of his existing tenure of appointment will be completed, on the following terms and conditions: a) Salary Rs. 5,00,000/- (Rupees Five Lakh) per month w.e.f. 01st October, 2026. b) Other benefits like Life Insurance, Gratuity, Provident Fund, Bonus has been decided by Board and Nomination and Remuneration Committee c) Allowances:- as per Company’s Policy d) Benefits:- As per Company’s policy. RESOLVED FURTHER THAT the above remuneration shall be subject to Section 197, Schedule V and other relevant Sections and Rules under the Companies Act, 2013 and accordingly the payment of Remuneration as above to the Managing Director shall be irrespective of amount of profits of the Company computed under Section 198 of the Companies Act, 2013. RESOLVED FURTHER THAT in the event of absence or inadequacy of profits in any financial year, Mr. Pradipkumar Ratilal Navik (DIN: 01067716) will be paid the Remuneration as specified above, subject to the provisions of Schedule V of the Companies Act, 2013. RESOLVED FURTHER THAT with the payment of Remuneration as above to Mr. Pradipkumar Ratilal Navik (DIN: 01067716), Chairman and Managing Director, the remuneration of other Whole Time Directors and Executive Directors of the Company shall remain unaffected in spite of the fact that the remuneration payable to them may exceed the limits prescribed in Section 197 of the Companies Act, 2013 in any Financial Year. RESOLVED FURTHER THAT the Board of Directors be and is hereby authorized to take such steps as may be necessary for obtaining approvals, statutory, contractual or otherwise, in relation to the above and to settle all matters arising out of and incidental thereto, and to sign and to execute deeds, applications, documents and writings that may be required, on behalf of the Company and generally to do all such acts, deeds, matters and things as may be necessary, proper, expedient or incidental for giving effect to this resolution.” 4 | P a ge 4. To approve revision in the remuneration of Mr. Shantilal Ishwarlal Patel (DIN: 01362109), Whole time Director of the Company: To consider and if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Section 196, 197, 198 and all other applicable provisions, if any, of the Companies Act, 2013 (‘Act’) read with Schedule V to the said Act, the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modification(s) or re- enactment(s) thereof [Showing first 8,000 characters — download PDF for full document]