Description

Zydus Wellness Ltd announces sub-division of equity shares from Rs.10 each to 5 shares of Rs.2 each, effective September 18, 2025.

Summary

Zydus Wellness Ltd (Scrip Code: 531335) has announced a sub-division of its equity shares. Each existing equity share of Rs.10 face value will be sub-divided into 5 equity shares of Rs.2 face value each. The record date for this corporate action is September 18, 2025.

Key Points

  • Existing equity shares of Rs.10 each will be sub-divided into 5 shares of Rs.2 each
  • Record date fixed as September 18, 2025
  • Current ISIN INE768C01010 (Rs.10 paid-up) will become invalid for trading from September 18, 2025
  • New ISIN for Rs.2 paid-up shares to be communicated separately
  • Applies to dematerialised securities under rolling settlement

Regulatory Changes

The existing ISIN Number INE768C01010 for Rs.10 paid-up shares will not be valid for exchange transactions on or after September 18, 2025. A new ISIN number for the Rs.2 paid-up shares will be issued and communicated to the market through a separate notice.

Compliance Requirements

Trading members must ensure they are aware of the share subdivision and the change in ISIN numbers for proper settlement and trading operations post the effective date.

Important Dates

  • Record Date: September 18, 2025
  • Effective Date: September 18, 2025 (when new share structure becomes operational)
  • Notice Date: September 1, 2025

Impact Assessment

The share subdivision will increase the number of shares outstanding by a factor of 5 while proportionally reducing the face value. This typically makes shares more affordable for retail investors and may improve liquidity. Shareholders will receive 5 shares for every 1 share held as of the record date. The total value of holdings remains unchanged, but the number of shares and per-share price will adjust accordingly.

Impact Justification

Share subdivision affects trading mechanics and shareholding structure but is routine corporate action