Zydus Wellness Limited has informed the Exchange regarding Appointment of Mr Mukesh M Shah as Other of the company w.e.f. April 01, 2025.
ZYDUSWELL · price
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On the reaction day the stock moved 0.1 pts less than Nifty Smallcap 250 and 0.5 pts more than its Packaged Foods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Zydus Wellness' board has recommended a final dividend of ₹6 per share (60% on face value of ₹10) for FY 2024-25, subject to shareholder approval at the 31st AGM scheduled for July 30, 2025. The record date for dividend eligibility is July 11, 2025, with payment on or after August 4, 2025. The company is also proposing a 1:5 stock split, where each existing share of ₹10 face value will be sub-divided into five shares of ₹2 face value, pending shareholder approval. The stated rationale is to make shares more accessible and encourage broader retail participation. Additionally, Hitesh Buch & Associates has been appointed as secretarial auditor for 5 years (FY 2025-26 to 2029-30), and Mukesh M. Shah & Company re-appointed as statutory auditor for a second 5-year term.
The 1:5 stock split is likely to improve share liquidity and attract more retail investors, generally a positive signal for trading activity. The ₹6 final dividend continues the company's regular shareholder return practice, though the stock price typically adjusts downward on the ex-date by the dividend amount.