Zenith Exports Approves Board Meeting Outcomes Regarding Director Appointments and Property Sale
Zenith Exports Limited, during its Board of Directors Meeting held on April 8, 2026, approved several key corporate actions concerning the appointment of Independent Directors and the potential disposal of a company property.The Board considered and approved the draft notices for a Postal Ballot related to the appointment of two individuals as Additional Directors in the capacity of Independent Directors.
The Board approved the following concerning the appointments:
- Mrs. Priyanka Poddar (DIN: 10481007) was considered for appointment as an Additional Director (Non-Executive, Independent Director). Her term would commence from March 6, 2026, for a first term of five consecutive years, subject to shareholder approval within three months. Mrs. Poddar, aged about 41 years, is a qualified company secretary and board director with 3 years of experience in leading organizations. She is not related to any Promoters, Members of the Promoter Group, or Directors of the Company.
- Mrs. Rasna Goyal (DIN: 03383291) was considered for appointment as an Additional Director (Non-Executive, Independent Director). Her term would commence from March 23, 2026, for a first term of five consecutive years, subject to shareholder approval within three months. Mrs. Goyal, aged about 41 years, has been associated with groups including the Shree Gopal Group, NSI India Ltd. Group, and Future Consumer Group, handling matters for 50+ Companies. She is not related to any Promoters, Members of the Promoter Group, or Directors of the Company.
The Board also decided that Friday, April 10, 2026, would serve as the cutoff date to record the names of shareholders holding shares in demat or physical mode who are entitled to vote remote e-voting facility for the Postal Ballot through the NSDL platform. Furthermore, the Board approved the appointment of Mr. Vivek Mishra (Membership No. 8540 & COP No. 17218), a Practicing Company Secretary, as the scrutinizer for conducting the remote e-voting for the Postal Ballot.
In terms of asset management, the Chairman informed the Board that the company possesses a property located at Mumbai in the JVPD scheme. Given that the property is significantly old, estimated to be 40 to 50 years old, and is in an abandoned and dangerous state, maintaining it would incur substantial costs. Consequently, the Board suggested that selling the property would be beneficial, with the proceeds being utilized for other business purposes.
The core details regarding the appointments and director information are summarized below:
| Director Name | DIN | Reason for Change | Proposed Start Date | Term Length |
|---|---|---|---|---|
| Mrs. Priyanka Poddar | 10481007 | Appointment as Additional Director (Non-Executive, Independent Director) | March 6, 2026 | 5 years |
| Mrs. Rasna Goyal | 03383291 | Appointment as Additional Director (Non-Executive, Independent Director) | March 23, 2026 | 5 years |
ZENITHEXPO Stock Price Movement
Today, Zenith Exports Limited shares rallied, settling at ₹200 after marking a 6.14% gain today. The stock's activity saw a recorded trading volume of 565 shares.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.