About
Zeal Aqua Ltd
Zeal Aqua Limited was incorporated in Gujarat, as 'Zeal Aqua Private Limited', under the provisions of the companies Act 1956, vide certificate of incorporation dated March 6, 2009, issued by the Assistant Registrar of Companies. Consequent upon the conversion of the company to Public Limited Company, the name of the company was changed to 'Zeal Aqua Limited', and fresh certificate of incorporation dated March 3, 2015, issued by the Assistant Registrar of Companies.
Around 20 years ago, the companies promoters lead the way in Aquaculture in surat and individually started cultivation of shrimp with 2 ponds. Over the years, the promoters decided to give their business a corporate shape after their continuous innovations in the field of aquaculture, shrimp farming, satellite farming etc. The promoters who were individually engaged in culturing shrimps joined hands in 2009, and incorporated the company 'Zeal Aqua Private Limited' to make the business scalable and reap the benefits of synergy.
In addition to shrimp farming, the company is also engaged in satellite farming whereby the company supplies inputs i.e. shrimp feeds, shrimp seeds, probiotics and other aquaculture related products etc. on credit to small farmers and buys shrimps from these farmers. The company has approx 1050 satellite farms. The company deploys the specific quality control measures and the farmer under satellite farming is required to adhere to the farming standards.
The satellite farming enables companies to scale up and multiply its production without putting up physical infrastructure on its own and also this flexible model of shrimp production helps the company to efficiently manage the growing demand of shrimps
Zeal Aqua Ltd
Chairman Speech
On behalf of the Board of Directors, I am pleased to present Zeal Aqua
Ltd.?s Annual v Report for the financial year ended 31 March, 2022 ("FY
2022"). As you are aware and seeing the growth path of the Company in the last few
years, I am of the view and can say that significant efforts have been put in by the
Management in the growth of the Company. It may also be mentioned that the valuable
guidance and support by the Independent Directors have helped the company in improving
Corporate Governance standards.
The fiscal that drew to a close was one of the extreme challenges that
truly tested the robustness of the business model and the resilience of the organisation
to withstand the disruptive headwinds that derailed sectoral growth. I am happy to state
that we successfully overcame these challenging times only to emerge as a more robust and
resilient organisation.
In India, fisheries are a significant economic sector and offers vast
opportunities for development. This is attributed to the diverse resources and potential
of the country. Andhra Pradesh is the leading shrimp producer, accounting for more than
50% of the total output followed by Gujarat.
The Indian Government is promoting sustainable shrimp farming practices
to produce high-quality 'sustainable' shrimp in order to minimize the environmental
effects of shrimp aquaculture. Moreover, the Seafood Exporters Association of India (SEAI)
and the Marine Products Export Development Authority (MPEDA) are supporting the export of
shrimp, especially for ready-to-eat and ready-to-cook products.
Our Buyer includes companies from countries like Europe, US, UAE, Saudi
Arabia, Vietnam, Australia, Japan, Netherlands, South Africa, China and South Korea. We
are BRC certified and HACCP which enables us to target different geographies and increase
our footprints. To support this growth, we have alongside embarked on several marketing
initiatives and planning to participate in all major exhibitions.
I am grateful to you, our shareholders, who have shown unwavering faith
in our strategy. I value their dedication and commitment to the tasks at hand towards the
pursuit of our short and long-term goals. Also, I would also like to thank our regulators,
esteemed partners, and every one of our customers for placing their trust in us. Finally,
I would like to thank all my colleagues and their families, who have
been true warriors during these most challenging times. We reaffirm our commitment to
delivering quality growth and look forward to continuing the momentum we have built over
these years.
Love and peace from us to you.
| Sd\- |
| Shantilal Ishwarlar Patel |
| Chairman |
| DIN:01362109 |
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Zeal Aqua Ltd
Company History
Zeal Aqua Limited was incorporated in Gujarat, as 'Zeal Aqua Private Limited', under the provisions of the companies Act 1956, vide certificate of incorporation dated March 6, 2009, issued by the Assistant Registrar of Companies. Consequent upon the conversion of the company to Public Limited Company, the name of the company was changed to 'Zeal Aqua Limited', and fresh certificate of incorporation dated March 3, 2015, issued by the Assistant Registrar of Companies.
Around 20 years ago, the companies promoters lead the way in Aquaculture in surat and individually started cultivation of shrimp with 2 ponds. Over the years, the promoters decided to give their business a corporate shape after their continuous innovations in the field of aquaculture, shrimp farming, satellite farming etc. The promoters who were individually engaged in culturing shrimps joined hands in 2009, and incorporated the company 'Zeal Aqua Private Limited' to make the business scalable and reap the benefits of synergy.
In addition to shrimp farming, the company is also engaged in satellite farming whereby the company supplies inputs i.e. shrimp feeds, shrimp seeds, probiotics and other aquaculture related products etc. on credit to small farmers and buys shrimps from these farmers. The company has approx 1050 satellite farms. The company deploys the specific quality control measures and the farmer under satellite farming is required to adhere to the farming standards.
The satellite farming enables companies to scale up and multiply its production without putting up physical infrastructure on its own and also this flexible model of shrimp production helps the company to efficiently manage the growing demand of shrimps