Zydus Wellness shares jump 10% after PE firm True North exits firm; it sells 7.27% stake for ₹879 crore

True North, through its affiliate Threpsi Care LLP, offloaded 46.27 lakh shares, or a 7.27% stake, in Zydus Wellness, as per the block deal data on the National Stock Exchange (NSE).

The shares were sold at an average price of ₹1,900 apiece, taking the transaction value to ₹879.15 crore.

Meanwhile, Parag Parikh Financial Advisory Services (PPFAS) mutual fund purchased the shares.

In August last year, True North's arm Threpsi Care LLP sold a 2.6% stake in Zydus Wellness for ₹374 crore. Prior to that, the private equity firm in December 2023 offloaded a 1.23% stake in the company for ₹127 crore.

In a separate block deal on the NSE, TVS Motor Company bought 39.50 lakh shares, or a 0.89% stake, in TVS Supply Chain Solutions for nearly ₹57 crore through an open market transaction.

After the stake buy, TVS Motor Company's (a public shareholder) holding in TVS Supply Chain Solutions rose to 5.26% from 4.37%.

As per the data, the shares were acquired at an average price of ₹144 per piece, taking the transaction value to ₹56.88 crore.

Meanwhile, NBFC entity Authum Investment & Infrastructure sold an equal number of shares at the same price on the NSE.

Shares of TVS Supply Chain Solutions fell 1.97% to settle at ₹140.50 per piece on the NSE.

Zydus Wellness Q4 FY25 Results

Zydus Wellness reported a 14.4% rise in consolidated net profit at ₹171.9 crore in the fourth quarter ended March 31, 2025, driven by the strong performance of its food and nutrition as well as personal care segments.

The company had posted a consolidated net profit of ₹150.3 crore in the same quarter of the previous fiscal.

The board of the company had also approved the sub-division of its stock with one equity share of a face value of ₹10 to be split into five equity shares of a face value of ₹2 each, subject to shareholders' approval.

Consolidated total revenue from operations in the fourth quarter stood at ₹910.6 crore, as compared to ₹778 crore in the year-ago period, Zydus Wellness Ltd said in a regulatory filing.

Total expenses in the quarter under review were higher at ₹740.5 crore, as compared to ₹632.2 crore logged in the corresponding period a year ago.