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Nestle India LimitedOthers, 24-07-2025: Shareholders meeting

24-07-2025 | 06:59 pm

Nestlé India convened an Extraordinary General Meeting (EGM) where shareholders considered two key proposals. These included the issuance of bonus equity shares in a 1:1 ratio, utilizing up to ₹96.42 crore from retained earnings. The EGM also addressed increasing the company's authorized share capital from ₹100 crore to ₹200 crore. This capital adjustment is a procedural step for the proposed bonus issue. The company provided remote e-voting, and the final voting results are pending and will be submitted separately.

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