Zydus Wellness Limited has informed the Exchange regarding re-appointment of Mukesh M. Shah & Co. as Statutory Auditors of the company w.e.f. April 01, 2025.
ZYDUSWELL · price
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At its 31st AGM on July 30, 2025, Zydus Wellness shareholders approved a stock split in the ratio of 1:5, reducing the face value of each equity share from ₹10 to ₹2. The number of equity shares will rise from about 6.36 crore to 31.82 crore, while total paid-up capital stays at ₹63.63 crore. The company also altered its MOA to reflect the new authorised capital of ₹100 crore divided into 50 crore shares of ₹2 each. The record date for the split will be announced shortly, with execution expected within 2 months. Additionally, Hitesh Buch & Associates was appointed as Secretarial Auditor for 5 years (FY26–FY30), and Mukesh M. Shah & Co. was re-appointed as Statutory Auditor for a second 5-year term. The rationale for the split is to make shares more affordable and attract wider retail participation.
Shareholders will hold 5 times more shares post-split, but the overall value of their holding remains unchanged. A lower share price may improve liquidity and broaden retail investor interest, which could be mildly positive for trading volumes in the short term.