Zeal Aqua Ltd

Zeal Aqua Limited will hold a board meeting on November 5, 2026, to consider and approve the standalone unaudited financial results for the quarter and half-year ended September 30, 2026, as per Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; the trading window for directors, key managerial personnel, officers, designated employees, and their immediate relatives has been closed from October 1, 2026, until 48 hours after the financial results are declared.

Zeal Aqua Ltd announced reaffirmations and enhancements to its credit ratings from CRISIL Ratings Limited, with total bank loan facilities now rated at Crisil BBB/Stable and Crisil A3+, previously enhanced from Rs. 101 crore to Rs. 246 crore; additionally, CRISIL reaffirmed a Bank Facilities rating of Rs 12.23 crore with the same ratings, while noting a moderate financial risk profile and a networth of Rs 103.3 crore as of March 31, 2026, alongside an outlook that remains stable, benefiting from promoter experience and client relationships, and anticipating a steady increase in revenue and stable operating margins; the company also disclosed an inadvertent delay in the disclosure of an enhancement due to email routing issues, and several instruments, including Credit Facilities, Term Debt, Bank Loans, Certificates of Deposit, Commercial Paper, and various Working Capital Term Loans, were assigned ratings or reaffirmed by CRISIL, with some ratings withdrawn due to issuer non-cooperation and others assigned during a prior regulatory regime.

Zeal Aqua Ltd announced an intimation of credit rating, as per Regulation 30 (6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, though no specific rating details were provided by any rating agencies; the notification simply indicates that information was furnished, and does not include any enhancements, assignments, or withdrawals related to any instruments, regardless of amount, and without reference to any specific agency.

Zeal Aqua Limited informed the BSE Limited that, pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, neither the company nor Bigshare Services Private Limited, its Registrar and Transfer Agent (RTA), received any requests for dematerialization of securities (equity shares) of Zeal Aqua Limited during the quarter ended September 30, 2026.

Zeal Aqua Limited informed the BSE that its members approved the re-appointment of Mr. Dhavalkumar Shantilal Patel as Whole-time Director for a period of three years, commencing from September 22, 2027, and ending on September 21, 2030, at the company's 18th Annual General Meeting held on September 30, 2026.

Zeal Aqua Ltd. announced ratings and actions across several instruments and agencies, with CRISIL assigning a CRISIL BBB/Stable rating and a CRISIL A3+ rating to Bank Facilities amounting to Rs. 101 crore, alongside an initial rating of BBB/Stable/A3+ to Bank facilities totaling Rs. 12.23 crore and unsecured loans also amounting to Rs. 12.23 crore; the agency noted a moderate financial risk profile and stable outlook, while also highlighting benefits from promoter experience and client relationships, and a revision in rating symbols for Market Linked Debentures (PPMLD); furthermore, CRISIL has withdrawn ratings for various instruments including Fund Based Facilities of Rs. 76.0 crore, Non-Fund Based Facilities of Rs. 25.0 crore and Rs. 25.0 crore, Cash Credit facilities of Rs. 41.6 and Rs. 5, Letter of Credit facilities of Rs. 15 and Rs. 10, Packing Credit in Foreign Currency of Rs. 26, Term Loans of Rs. 1.2 and Rs. 2.2, and other related facilities from Punjab National Bank, Axis Bank Limited, Bank Of India, Indian Bank, and Axis Bank Limited, while the Reserve Bank of India (RBI), the Ministry of Corporate Affairs (MCA), the Securities and Exchange Board of India (SEBI), and CRISIL Ratings Limited have also provided information regarding various instruments and evaluations, including Commercial Paper and NCDs, Loan Facilities, External Commercial Borrowings, Certificates of Deposit, Fixed Deposits, Security Receipts, Inter Corporate Deposits/Loans, Borrowing programme, Credit Ratings for Capital Protection Oriented Schemes, Credit quality ratings, and Issuer Ratings, with some items marked as "Not Applicable" or "To be finalized."

Zeal Aqua Limited informed the BSE Limited that the trading window for dealing in the company's securities will be closed for directors, officers, designated employees, and their immediate relatives from October 1, 2026, until 48 hours after the announcement of the company’s unaudited financial results for the quarter ended September 30, 2026.

ZEAL AQUA LIMITED informed the BSE Limited that it is submitting a revised intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to replace an incorrect attachment previously submitted on September 05, 2026, regarding the re-appointment of Mr. Dhavalkumar Shantilal Patel as Whole-time Director, clarifying that there is no change to the information initially disclosed.

Zeal Aqua Limited informed the BSE that its board approved the re-appointment of Mr. Dhaval Shantilal Patel (DIN: 02961674) as Whole-time Director for a further period of 3 years, effective September 22, 2027, subject to shareholder approval at the company's next general meeting. Patel, who has been on the board since September 22, 2017, is the son of Whole-Time Director Mr. Shantilal Patel and is not debarred from holding the office of director.

Zeal Aqua Limited informed the BSE that its board of directors approved the appointment of Mr. Manish R. Patel as Secretarial Auditor for a period of five consecutive financial years, subject to shareholder approval at the company’s 18th Annual General Meeting, with the term concluding at the 23rd AGM.