Description
Zydus Wellness Ltd announces sub-division of equity shares from Rs. 10 each to Rs. 2 each with record date September 18, 2025.
Summary
Zydus Wellness Ltd (Scrip Code: 531335) has announced the sub-division of its equity shares with a record date of September 18, 2025. Each existing equity share of Rs. 10 face value will be sub-divided into five equity shares of Rs. 2 face value each.
Key Points
- Sub-division ratio: 1 equity share of Rs. 10 becomes 5 equity shares of Rs. 2 each
- Record date: September 18, 2025
- New paid-up value: Rs. 2 per share
- Effective date: September 18, 2025
- Current ISIN (INE768C01010) for Rs. 10 shares will become invalid from September 18, 2025
- New ISIN for Rs. 2 shares to be communicated separately
Regulatory Changes
No regulatory framework changes. This is a standard corporate action under existing regulations.
Compliance Requirements
- Trading members must note the record date for sub-division purposes
- Transactions using the current ISIN will not be valid on or after September 18, 2025
- Market participants must await notification of new ISIN number for Rs. 2 paid-up shares
Important Dates
- September 18, 2025: Record date for sub-division and effective date for new share structure
- September 18, 2025: Current ISIN becomes invalid for exchange transactions
Impact Assessment
The share sub-division will increase the number of shares outstanding by 5 times while proportionally reducing the share price. This corporate action typically improves liquidity and makes shares more accessible to retail investors. Trading systems and records must be updated to reflect the new share structure and ISIN changes.
Impact Justification
Share subdivision affects trading mechanics and share price but is routine corporate action