Zydus Wellness Limited has informed the Exchange about Dissolution of Liva Investment Limited, a wholly owned subsidiary
ZYDUSWELL · price
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Awaiting price reaction for this filing.
Zydus Wellness has dissolved Liva Investment Limited, its non-operating wholly owned subsidiary, effective August 20, 2025. The dissolution was approved by the NCLT in Ahmedabad under Section 59 of the Insolvency and Bankruptcy Code, 2016. Liva contributed just ₹0.13 million in revenue (0.00%) and had a net worth of ₹2.09 million (0.00%) as of March 31, 2024. The company received ₹1.78 million against its equity holding in Liva. The company has stated this is part of a broader exercise to simplify its corporate structure.
This is a non-event for shareholders — Liva was not a material subsidiary and contributed negligibly to the financials, so there is no expected impact on earnings, consolidated accounts, or stock price.