ZIM Laboratories seeks shareholder approval for director re-appointments

ZIM Laboratories Limited announced the dispatch of its Postal Ballot Notice on October 13, 2025, to seek shareholder approval for the re-appointment of Niraj Dhadiwal and Prakash Sapkal as whole-time directors. Both re-appointments are for a two-year term, effective from October 1, 2025, to September 30, 2027.

The proposed remuneration for both directors includes a fixed salary of up to INR 1.50 Crores and a Performance Linked Incentive (PLI) of up to INR 50.00 Lakhs each. The postal ballot also addresses remuneration in the event of absence or inadequacy of profits. The remote e-voting period commences on October 15, 2025, and concludes on November 13, 2025.

The company aims to finalize the re-appointments to ensure continuity in its business development and operational leadership, crucial for its ongoing expansion into regulated markets and new product development initiatives. Results of the postal ballot are expected to be announced by November 15, 2025.