Description
Zydus Wellness Ltd announces sub-division of equity shares from Rs.10 each to five shares of Rs.2 each, effective September 18, 2025.
Summary
Zydus Wellness Ltd has announced a sub-division of its equity shares, converting each existing equity share of Rs.10 face value into five equity shares of Rs.2 face value each. The record date for this corporate action is set as September 18, 2025.
Key Points
- Company: Zydus Wellness Ltd (Scrip Code: 531335)
- Corporate Action: Sub-division of equity shares
- Conversion Ratio: 1 share of Rs.10 → 5 shares of Rs.2 each
- Record Date: September 18, 2025
- Effective Date: September 18, 2025
- Current ISIN (INE768C01010) will become invalid from the effective date
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 communicated through a separate notice.
Compliance Requirements
- Trading members must note the record date and ensure proper handling of trades
- Investors holding shares as of the record date will be eligible for the sub-division
- New ISIN number must be used for all transactions from the effective date
Important Dates
- Record Date: September 18, 2025
- Effective Date: September 18, 2025
- Notice Date: September 1, 2025
Impact Assessment
This sub-division will increase the number of shares outstanding by a factor of 5 while proportionally reducing the face value. The action typically aims to improve liquidity and make shares more affordable for retail investors. The market price per share will adjust proportionally on the effective date.
Impact Justification
Stock subdivision affects share price and liquidity but is routine corporate action