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Zydus Wellness informs about outcome of board meeting

14 May 2024 Evaluate
Zydus Wellness has informed that the Board of Directors at their meeting held today i.e. May 14, 2024, has approved the following: 1. Based on the recommendation of Nomination and Remuneration Committee and subject to approval of members by way of ordinary resolution, approved the re-appointment of Tarun Arora (DIN: 07185311) as a Chief Executive Officer & Whole Time Director of the Company for a further period of five years with effect from May 7, 2025, liable to retire by rotation; the continuation of Ashish P. Bhargava (DIN: 02574919) as a Nominee Director of the Company, not liable to retire by rotation. Necessary details as prescribed in SEBI Circular dated July 13, 2023 are provided in Annexure-A. 2. Thirtieth Annual General Meeting of the members of the Company is scheduled to be held on Friday, August 2, 2024 through Video Conference / Other Audio-Visual Means. 3. Recommended Final Dividend of ? 5.00/- (@ 50%) per equity share of ? 10/- each, subject to approval of the members at the ensuing Annual General Meeting scheduled to be held on August 2, 2024. In compliance with regulation 42(1) of the Listing Regulations, the Record Date has been fixed as Friday, July 19, 2024 to determine the list of members entitled to receive the Final Dividend for the financial year 2023-24, recommended by the Board of Directors subject to the approval of the same by the members at the ensuing Annual General Meeting. 4. The Company shall make the payment of dividend, subject to deduction of tax at source, on or after Wednesday, August 7, 2024 subject to the approval of the same by the members at the ensuing Annual General Meeting scheduled to be held on August 2, 2024.

The above information is a part of company’s filings submitted to BSE.

Zydus Wellness Share Price

517.15 12.50 (2.48%)
08-May-2026 16:59 View Price Chart
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