ZYDUSWELL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Zydus Wellness Board has approved appointment of Mr. Apurva S. Diwanji as Additional Non-Executive Independent Director for 5 years starting May 18, 2026, subject to shareholder approval via special resolution. The company has recommended a final dividend of ₹1.20 per share (60% on ₹2 face value) for FY2026, payable after August 7, 2026, pending member approval at the 32nd AGM on August 4, 2026. The record date for dividend eligibility is July 17, 2026. Mr. Diwanji, a senior M&A and corporate law professional with over 32 years at Desai & Diwanji, previously served as Independent Director on Zydus Lifesciences Limited until May 12, 2026.
The appointment of an experienced independent director with M&A expertise strengthens board governance. The 60% dividend payout signals financial confidence. Shareholders on record by July 17, 2026 will be eligible for the dividend.