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1:5 stock split, Dividend Alert: Zydus Wellness to divide shares, pay shareholdersZydus Wellness reported a 14.7% growth in its net profit to ₹172 crore, while its revenue went up by 16.7%.By Hormaz Fatakia   May 19, 2025, 1:06:54 PM IST (Published)2 Min ReadZydus Wellness Ltd., announced on Monday that the board of the company has approved a stock split as well as a dividend payout for its shareholders, alongside its March quarter results.

The board has approved the stock split in the ratio of 1:5, which means that one equity share of the company, which currently carries a face value of ₹10, will now turn into five equity shares with a face value of ₹2 each.

This stock split will be subject to approval from shareholders at the ensuing Annual General Meeting (AGM) of the company, and the record date will then be fixed in the coming days.

This is also the first instance of the company announcing a division of its equity shares.

Additionally, the board of Zydus Wellness has also approved a final dividend of ₹6 per share, which will also be subject to approval of shareholders at the upcoming AGM.

The company's board has fixed July 30, 2025 as the date for its AGM.

Zydus Wellness reported a 14.7% growth in its net profit to ₹172 crore, while its revenue went up by 16.7%.

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) also grew by a similar quantum from last year.

Shares of Zydus Wellness are currently trading 1.4% higher post the results announcement at ₹1,854. The stock has risen 6.5% in the last one month.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsDividend stocksshare market todayStock SplitZydus Wellness