Zydus Wellness Limited announced the appointment of Mr. Apurva S. Diwanji as an Independent Director. Shareholders approved the appointment at the 32nd Annual General Meeting on August 4, 2026. Mr. Diwanji will serve a term of 5 years, effective May 18, 2026, to May 17, 2031, and is not liable to retire by rotation. He brings extensive experience in mergers and acquisitions and corporate governance.
Zydus Wellness Welcomes New Independent Director
Zydus Wellness Limited has officially announced the appointment of Mr. Apurva S. Diwanji as an Independent Director to its Board. The shareholders, during the 32nd Annual General Meeting held on August 4, 2026, provided their approval for this significant addition to the company’s leadership.
Director Appointment Details
The appointment of Mr. Apurva S. Diwanji, identified by DIN: 00032072, is effective from May 18, 2026, and will extend for a term of five years, concluding on May 17, 2031. In line with the approved terms, he will not be subject to retirement by rotation, ensuring continuity on the board.
Director’s Profile and Expertise
Mr. Diwanji brings a wealth of experience to Zydus Wellness. He holds a Master of Arts in Law from Cambridge University and a Bachelor of Arts in Economics from St. Xavier’s College, Mumbai. For over 32 years, he has been associated with Desai & Diwanji, specializing in mergers and acquisitions, private equity, and joint ventures. His expertise spans transnational and cross-border transactions, corporate governance, and minority protection issues.
He currently serves as an Independent Director on the boards of Torrent Power Limited, Bajaj Life Insurance Limited, Bajaj General Insurance Limited, and TUV India Private Limited. He is also a Non-Executive Director of the Bombay Chamber of Commerce and Industry and a trustee for significant trusts. Previously, he served as an independent director on Zydus Lifesciences Limited until May 12, 2026.
Governance and Compliance
The company confirms that Mr. Diwanji is not related to any existing Director of Zydus Wellness. Furthermore, in compliance with SEBI directives, it is confirmed that Mr. Apurva S. Diwanji is not debarred from holding the office of Director by any SEBI order or other relevant authority.
Source: BSE
