Zydus Wellness Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 30, 2025
ZYDUSWELL · price
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Zydus Wellness Limited held its 31st AGM on July 30, 2025 via video conferencing, attended by 59 members representing 69.6% of the paid-up equity share capital. Nine resolutions were placed before shareholders for e-voting, covering adoption of standalone and consolidated financial statements for FY25, declaration of a ₹6 (60%) dividend per equity share, re-appointment of a director and statutory auditors, and a stock split proposal to sub-divide each ₹10 equity share into 5 shares of ₹2 each. Members raised queries on business operations, wholly owned subsidiaries, financial performance, and the share split, which were addressed by the Chairman, CEO, and CFO. The statutory and secretarial auditors' reports carried no qualifications or adverse remarks.
The proposed stock split (₹10 to ₹2 x 5 shares) and 60% dividend declaration are significant shareholder-friendly measures; if approved via the e-voting results, the split could improve liquidity and retail affordability of the stock. Strong shareholder participation at 69.6% reflects healthy engagement.