Nestle India Limited — Others, 24-04-2025: Change in Director(s)

Nestlé India has announced a board meeting's outcome, revealing strong financial results and strategic appointments. The company reported domestic sales exceeding INR 5,235 crore for the quarter, achieving double-digit growth in key segments like beverages and confectionery. Mr. PR Ramesh has been recommended for reappointment as Independent Non-Executive Director, while Mr. Manish Tiwary is set to become the Managing Director effective August 2025. Additionally, a final dividend of INR 10 per equity share is proposed, subject to approval, reflecting Nestlé's positive cash flow of approximately INR 2,936.3 crore and solid profitability indicators, which can bolster investor confidence.