Date: June 24, 2026
Subsidiary Incorporation
Zydus Wellness International DMCC, UAE (ZWID), a wholly owned subsidiary of Zydus Wellness Limited, has incorporated a step-down wholly owned subsidiary named Zydus Wellness Trading L.L.C. (ZWTL) in Dubai, UAE.
Key Details:
- Date of Incorporation: June 24, 2026
- Certificate of Incorporation Received: June 24, 2026 at 4:18 p.m. (IST)
- Share Capital: AED 300,000 divided into 300 shares of AED 1,000 each
- Ownership: 100% owned by ZWID through subscription of all 300 shares
- Consideration: Cash consideration
- Current Status: Not yet commenced operations (Nil turnover)
Business Scope:
ZWTL will operate in the Food and Nutrition sector (including Vitamins, Minerals and Supplements), Nutraceuticals, and Personal Care.
Transaction Details:
- Not a related party transaction
- No promoter/promoter group/group companies have any interest except ZWID
- No governmental or regulatory approvals required
- Not applicable indicative time period for completion
Strategic Purpose:
The incorporation is for business expansion purposes.
Geographic Presence:
The entity will have presence in the United Arab Emirates (UAE).