Nestle India Limited — Others, 24-07-2025: Shareholders meeting
24-07-2025 | 08:06 pm
24-07-2025 | 08:06 pm
Nestlé India shareholders have approved a 1:1 bonus share issue, meaning one new share for every existing share held, by utilizing ₹96.42 crore from retained earnings. This move aims to enhance shareholder value and improve stock liquidity. Additionally, the company's authorized share capital will increase from ₹100 crore to ₹200 crore, providing flexibility for future growth initiatives and capital actions. This significant corporate action was approved at the Extraordinary General Meeting.
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