Zydus Wellness Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
ZYDUSWELL · price
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At its 31st Annual General Meeting held on July 30, 2025, shareholders of Zydus Wellness approved a stock split in the ratio of 1:5, meaning each existing equity share with a face value of ₹10 will be divided into 5 equity shares with a face value of ₹2 each. The company's authorized share capital remains at ₹100 crore, but it will now be divided into 50 crore shares of ₹2 each instead of 10 crore shares of ₹10 each. The paid-up capital stays the same at about ₹63.63 crore, with share count rising from around 6.36 crore to about 31.82 crore shares. The company said the split is aimed at making shares more affordable and attracting more retail investors, with the record date to be announced separately and the process to be completed within two months. Additionally, Hitesh Buch & Associates was appointed as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), and Mukesh M. Shah & Company was re-appointed as Statutory Auditor for a second five-year term.
The stock split will lower the per-share price, making it more accessible to retail investors, but the total value of each investor's holding remains unchanged. The re-appointment of the existing statutory auditor suggests continuity and no governance concerns.