Zydus Wellness Limited has informed the Exchange that Record date for the purpose of Dividend is 17-Jul-2026.
ZYDUSWELL · price
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Zydus Wellness Board announced a final dividend of ₹1.20 per equity share (60% payout on ₹2 face value) for FY2026, subject to shareholder approval at the AGM on August 4, 2026. The record date to determine eligible shareholders is July 17, 2026, and dividend payment will be made on or after August 7, 2026. Additionally, Mr. Apurva S. Diwanji was appointed as an Additional Non-Executive Independent Director for a 5-year term (May 18, 2026 to May 17, 2031), subject to special resolution approval by shareholders.
The dividend declaration is positive for shareholders, providing income at a 60% payout ratio. The appointment of an experienced independent director with M&A expertise may be viewed favorably for corporate governance.