Zydus Wellness Limited has announced the appointment of Mr. Apurva S. Diwanji as an Additional Director (Non-Executive & Independent) for a five-year term ending May 17, 2031. Furthermore, the board has recommended a final dividend of ₹1.20 per equity share for the financial year ended March 31, 2026. The company’s 32nd Annual General Meeting is scheduled to take place on August 4, 2026, with the dividend payout commencing on or after August 7, 2026.
Strengthening Board Leadership
The company has bolstered its leadership team with the appointment of Mr. Apurva S. Diwanji as an Additional Director, effective May 18, 2026. Mr. Diwanji brings extensive expertise in mergers and acquisitions, private equity, and corporate governance. With a distinguished legal background from Cambridge University, he currently holds positions on several boards, including Torrent Power Limited and Bajaj Life Insurance Limited, making him a strategic addition to the board.
Dividend Recommendation
The Board of Directors has recommended a final dividend of ₹1.20 per equity share (representing 60% of the face value of ₹2 per share) for the financial year concluded on March 31, 2026. This proposal is subject to shareholder approval at the upcoming Annual General Meeting. To determine the eligibility of shareholders, the company has set July 17, 2026, as the official record date.
32nd Annual General Meeting
Zydus Wellness will conduct its 32nd Annual General Meeting on August 4, 2026, at 10:00 a.m. (IST). Reflecting modern corporate practices, the meeting will be held virtually via Video Conference / Other Audio Visual Means. Shareholders can expect the dividend payment to be processed on or after August 7, 2026, pending the necessary approvals at the meeting.
Source: BSE
