Zodiac Energy 34th AGM E-Voting Results Unanimous Approval

Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Zodiac Energy Limited

Meeting Details

Type of Meeting: 34th Annual General Meeting
Date of Meeting: Wednesday, September 23, 2026
Start Time: 11:30 A.M. IST
End Time: 11:53 A.M. IST
Location: Held through Video Conference/Other Audio Visual Means via Microsoft Teams Platform
Deemed Venue: Registered Office of the Company (Zodiac House, 12, Times Corporate Park, Near Baghban Party Plot, Thaltej-Shilaj Road, Thaltej, Ahmedabad, PIN 380059)
Record Date: September 16, 2026
Total Shareholders on Record Date: 36,372

Proposed Resolutions and Implications

Five resolutions were proposed for shareholder approval:

1. Ordinary Resolution: To receive, consider and adopt the audited standalone financial statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors

2. Ordinary Resolution: To receive, consider and adopt the audited consolidated financial statements for FY ended March 31, 2026, with report of Auditors

3. Ordinary Resolution: To declare final dividend of Rs. 0.75 per equity share (7.5% of face value) for FY ended March 31, 2026

4. Ordinary Resolution: To re-appoint Mrs. Parul Kunjbihari Shah (DIN: 00378095) as Whole Time Director, retiring by rotation

5. Special Resolution: To approve alteration of Articles of Association for provision relating to removal of common seal

All resolutions were passed with overwhelming majority support.

Voting Process and Methods

Remote E-Voting Period: September 20, 2026 (9:00 A.M.) to September 22, 2026 (5:00 P.M.) through NSDL platform
Voting During AGM: Remote electronic voting facility available for shareholders present during the meeting who hadn't voted remotely
Voting Platform: National Securities Depository Limited (NSDL)
Cut-off Date: September 16, 2026 (shareholders holding shares as of this date were eligible to vote)
Physical Attendance: Dispensed with as per MCA circulars
Proxy Facility: Dispensed with as per MCA circulars

Key Voting Outcomes

Overall Participation

Total Outstanding Shares: 15,152,633
Total Votes Polled: 10,778,587 (71.1334% of outstanding shares)
Number of Voting Members: 64 members participated through remote e-voting

Resolution-wise Results:

Resolution 1 (Standalone Financial Statements)

Total Votes in Favor: 10,778,587 (100% of votes polled)
Votes Against: 0
Promoter Voting: 10,552,063 votes (99.722% of promoter holdings)
Public Institutions: 0 votes
Public Non-Institutions: 226,524 votes (5.0108% of holdings)

Resolution 2 (Consolidated Financial Statements)

Total Votes in Favor: 10,778,587 (100% of votes polled)
Votes Against: 0
Promoter Voting: 10,552,063 votes (99.722% of promoter holdings)
Public Institutions: 0 votes
Public Non-Institutions: 226,524 votes (5.0108% of holdings)

Resolution 3 (Dividend Declaration)

Total Votes in Favor: 10,778,587 (100% of votes polled)
Votes Against: 0
Promoter Voting: 10,552,063 votes (99.722% of promoter holdings)
Public Institutions: 0 votes
Public Non-Institutions: 226,524 votes (5.0108% of holdings)

Resolution 4 (Director Re-appointment)

Total Votes in Favor: 10,778,548 (99.9996% of votes polled)
Votes Against: 39 (0.0004% of votes polled)
Promoter Voting: 10,552,063 votes (100% in favor)
Public Institutions: 0 votes
Public Non-Institutions: 226,485 votes in favor, 39 votes against (99.9828% in favor)

Resolution 5 (Articles of Association Alteration)

Total Votes in Favor: 10,778,510 (99.9993% of votes polled)
Votes Against: 77 (0.0007% of votes polled)
Promoter Voting: 10,552,063 votes (100% in favor)
Public Institutions: 0 votes
Public Non-Institutions: 226,447 votes in favor, 77 votes against (99.9660% in favor)

Participation by Shareholder Category

Promoter and Promoter Group: 10,581,479 shares (69.83% of total)
Votes Polled: 10,552,063 (99.722% of promoter holdings)
Public Institutions: 50,422 shares (0.33% of total)
Votes Polled: 0 (0% of institution holdings)
Public Non-Institutions: 4,520,732 shares (29.83% of total)
Votes Polled: 226,524 (5.0108% of non-institution holdings)
Shareholders Attended Meeting via VC: 42 public shareholders

Scrutinizer's Role and Findings

Name: Anjali Sangtani
Firm: SCS and Co. LLP
Qualification: Company Secretary
Membership Number: F14118
Appointment Date: August 13, 2026 (Board Meeting)
Report Date: September 24, 2026

The scrutinizer was responsible for ensuring fair and transparent voting through remote e-voting and electronic voting during the AGM. Key responsibilities included:

Scrutinizing votes based on data from NSDL e-voting system
Ensuring compliance with Companies Act, 2013 and SEBI LODR Regulations
Maintaining voting records until minutes are approved
Certifying the voting results

The scrutinizer report confirms:

Notice of AGM was dispatched via email on August 31, 2026 to registered email addresses
Newspaper advertisements were published in Free Press Journal (English) and Lokmitra (Gujarati) on September 1, 2026
Remote e-voting was unblocked in the presence of two witnesses on September 23, 2026 at 4:02 P.M.
All resolutions were duly passed

Compliance with Laws and Regulations

The meeting was conducted in compliance with:

Companies Act, 2013 and Rules thereunder
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Secretarial Standard-2 on General Meetings
MCA circulars dated September 19, 2024, April 8, 2020, April 13, 2020, May 5, 2020, January 13, 2021, December 8, 2021, December 14, 2021, May 5, 2022, December 28, 2022, and September 25, 2023
SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024

Additional Information

NSE Symbol: ZODIAC
BSE Scrip Code: 543416
MSEI Symbol: NOT LISTED
Company Address: Zodiac House, 12, Times Corporate Park, Near Baghban Party Plot, Thaltej-Shilaj Road, Thaltej, Ahmedabad, PIN 380059
Contact: +91 79 27471193 / +91 98791 06443 / 1800 233 2309

The document confirms full compliance with all regulatory requirements and successful passage of all resolutions proposed at the 34th Annual General Meeting.