Zydus Wellness Limited has informed the Exchange that the Board of Directors at its meeting held on May 19, 2025, has considered and approved subdivision of 1 equity shares of Rs. 10 each into 5 equity shares of Rs. 2 each.
ZYDUSWELL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors approved a sub-division (stock split) of equity shares in the ratio of 1:5, whereby each existing share of face value ₹10 will be split into 5 shares of face value ₹2 each. Post-split, the total number of shares will rise from 6,36,32,144 to 31,81,60,720 while the overall share capital stays unchanged at ₹63.63 crore. The company said the split is intended to make the stock more affordable and attract greater retail investor participation. Additionally, the board recommended a final dividend of ₹6 per share (60%) on the existing face value of ₹10 for FY2024-25, with the record date fixed at July 11, 2025 and payment from August 4, 2025. The 31st AGM is scheduled for July 30, 2025 via video conference, subject to shareholder approval of the split.
If approved by shareholders, the stock split will mechanically reduce the per-share price to roughly one-fifth, improving affordability and liquidity for retail buyers without changing the company's underlying value. The ₹6 dividend on the pre-split shares also rewards existing shareholders, though the effective per-share dividend will be ₹1.20 post-split.