Zodiac Energy Ltd. Promoter Acquires Additional Shares
Zodiac Energy Ltd. announced that Promoter Group member, Mr. Jay Kunjbihari Shah, acquired 9,208 equity shares on March 18, 2026. The shares have a face value of Rs. 10 each.This acquisition was made through an open market transaction. Following the acquisition, Mr. Shah’s total holdings represent 69.97% of the company’s equity share capital. The total consideration for the acquired shares was Rs. 15,12,36,900, comprising 15,123,690 equity shares.
According to the latest filing, the equity share capital of Zodiac Energy Ltd. before the acquisition was Rs. 15,12,36,900.
Mr. Jay Kunjbihari Shah acted in concert with a group of individuals and entities including, but not limited to: Mr. Jugalkishor Harikrishnadas Shah, Mrs. Parul Kunjbihari Shah, Mr. Kunjbihari Shah, Mrs. Geetaben Prakashbhai Shah, Mr. Rameshkumar Shah, and Zenith Power Projects Private Limited, among others.
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