Proceedings of 18th Annual General Meeting of the Company

ZEAL AQUA LIMITED CIN No: L05004GJ2009PLC056270 Date: 30/09/2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001. Script ID/ Code: ZEAL /539963 Subject: Proceedings of 18th Annual General Meeting of the Company held on 30th September, 2026 Dear Sir/Madam, Pursuant to Regulation 30 read with Part-A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the Summary of Proceedings of the 33rd Annual General Meeting of the Members of the Company held on 30th September, 2026 at 4:30 p.m. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) and concluded at 4:51 p.m. (IST). You are requested to kindly take the same on record. Yours Faithfully, Thanking You, For ZEAL AQUA LIMITED Anita Digbijay Paul Company Secretary & Compliance Officer M.NO.: F9282(ICSI) Place: Surat Regd. Office: Block No. 347, Village: Orma, Taluka: Olpad, District: Surat, State: Gujarat, India Tel:+91 -2621-220047 Email: zealaqua@gmail.com, Website:www.zealaqua.com ZEAL AQUA LIMITED CIN No: L05004GJ2009PLC056270 Summary of Proceedings of 18th Annual General Meeting held on Wednesday, September 30, 2026 Through Video Conferencing (“VC”)/ Other Audio-Visual Means (“OAVM”) The 18th Annual General Meeting (AGM) of the members of Zeal Aqua Limited (“the Company”) was held on September 30, 2026 at 04:30 P.M. through video conferencing (VC)/other audio-visual means (OAVM). The Meeting was conducted in accordance with the circulars issued by the Ministry of Corporate Affairs (“MCA”) and the Securities and Exchange Board of India (“SEBI”) and as per the applicable provisions of the Companies Act, 2013 and the Rules issued thereunder. Mrs. Anita Digbijay Paul, Company Secretary & Compliance Officer, welcomed the Members to the 18th Annual General Meeting (AGM) and introduced the Board Members, Key Managerial Personnel and Statutory Auditors of the Company present at the AGM through VC/OAVM. Mr. Dhavalkumar Patel, Whole-Time Director of the Company, Mr. Rohan Pradipkumar Navik, Whole-Time Director of the Company, Ms. Krutika Thakorbhai Patel, Independent Director and Chairperson of the Audit Committee and Nomination and Remuneration Committee, Ms. Snehal Bhavik Patel, Independent Director and Chairperson of the Stakeholders’ Relationship Committee and Member of the CSR Committee, Mr. Pankaj Patel, Independent Director of the Company and Member of Nomination and Remuneration Committee and Stakeholders’ Relationship Committee, Mr. Jayan Patel, Chief Financial Officer of the Company, Mr. Darshak Patel, Proprietor of D C Jariwala & Co., Statutory Auditor of the Company, Mr. Hemant Gurnani, Partner and Representative of GRR & Co., Internal Auditor of the Company, and Mr. Manish R. Patel, Secretarial Auditor and Scrutinizer of the Company, attended the meeting through VC/OAVM. Mr. Pradipkumar Ratilal Navik, Managing Director of the Company, Mr. Shantilal Ishwarlal Patel, Whole-time Director of the Company and Mr. Cyrus Dinsha Bhathena, Independent Director and a member of the Audit Committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee was not present in the AGM due to their personal reason. On the request of the Directors present, Mr. Rohan Pradipkumar Navik, Whole-Time Director of the Company, was elected as the Chairperson of the meeting. He took charge of the AGM and welcomed the members to the 18th Annual General Meeting (AGM). The requisite quorum being present through VC/OAVM, the Chairperson called the meeting in order. The Chairperson, with the consent of the members present, informed that the Notice of 18th Annual General Meeting Circulated to the Members along with Annual Report for FY 2025-26 was taken as read. The Chairperson delivered his speech. The Chairman made his opening remarks covering the global economy and Company’s performance in Aquaculture sector, financial performance in FY 2025-26, and Company’s growth plans going forward. The Chairman further informed that the Director’s Report and Statutory Auditors’ Report were taken as read with the permission of the Chairman. It was informed that there were no qualifications in the Statutory Auditors’ Report, therefore the same need not to be required to be explained. However, the Secretarial Auditor has made following Qualifications/observations in Secretarial Audit Report. Regd. Office: Block No. 347, Village: Orma, Taluka: Olpad, District: Surat, State: Gujarat, India Tel:+91 -2621-220047 Email: zealaqua@gmail.com, Website:www.zealaqua.com ZEAL AQUA LIMITED CIN No: L05004GJ2009PLC056270 Qualification (a) Delay in appointment of Compliance Officer and non-disclosure of stock exchange penalty. (b) Non-intimation of change in KMP (c) Discrepancies in Corporate Governance Reports (d) Discrepancies in Shareholding Pattern (e) Discrepancies in Financial Results (f) Delay in disclosure of Credit Ratings (g) Delay in disclosure of resignation of Compliance Officer (h) Non-maintenance of functional website (i) Delay in updating SDD Software (j) Non-compliance with SEBI Circular regarding Limited Review Report by resigning auditor (k) Appointment of MD/WTD for a term exceeding five years (l) Non-filing of MGT-14 (m) AGM Notice did not specify mode of meeting (n) Independent Directors not registered in Independent Directors Databank (o) Non-filing of FLA Return with RBI The Members were informed that the Board had taken due note of the observations made by the Secretarial Auditor. The Board had reviewed the matters highlighted in the Report and had initiated necessary corrective measures, wherever required. The Company continued to place emphasis on good corporate governance and regulatory compliance and had strengthened its internal compliance and monitoring processes to ensure timely compliance and avoid recurrence of such instances. Mrs. Anita Digbijay Paul, Company Secretary and Compliance Officer of the Company informed that pursuant to Section 108 of the Companies Act, 2013 read with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had engaged the services of NSDL to provide e-voting facilities. The remote e-voting facility has been provided to its members to cast their vote electronically on all the Resolutions set out in the Notice of the 18th Annual General Meeting from 27th September, 2026 (9.00 a.m.) to 29th September, 2026 (5.00 p.m.). Regd. Office: Block No. 347, Village: Orma, Taluka: Olpad, District: Surat, State: Gujarat, India Tel:+91 -2621-220047 Email: zealaqua@gmail.com, Website:www.zealaqua.com ZEAL AQUA LIMITED CIN No: L05004GJ2009PLC056270 The Businesses as mentioned in the Notice of the AGM were transacted fairly through e-voting. The following items of businesses, as per the Notice of 18th Annual General Meeting Wednesday, September 30, 2026, were placed before the members for their approval: Ordinary Business: 1. To receive, consider and adopt the Audited Financial Statement for the year ended 31st March, 2026, together with the Report of the Board of Directors and Auditors thereon: (Ordinary Resolution) 2. To consider and Approve re-appointment of a Director Mr. Shantilal lshwarlal Patel (DIN: 01362109), Whole-time Director, who retires by rotation and being eligible, offers himself for re- appointment, in terms of section 152(6) of the Companies Act, 2013. (Ordinary Resolution) Special Business: 3. To approve revision in the remuneration of Mr. Pradipkumar Ratilal Navik (DIN: 01067716), Chairman and Managing Director of the Company (Special Resolution). 4. To approve revision in the remuneration of Mr. Shantilal Ishwarlal Patel (DIN: 01362109), Whole time Director of the Company (Special Resolution). 5. To approve revision in the remuneration of Mr. Rohan Pradipkumar Navik (DIN: 02531248), Whole-time Director of the Company (Special Resolution). 6. To approve revision in the remuneration of Mr. Dhaval Shantilal Patel (DIN: 0 [Showing first 8,000 characters — download PDF for full document]