Nestle India Limited — Others, 24-07-2025: Shareholders meeting

Nestlé India's 66th AGM included the Board's announcement of a proposed 1:1 bonus share issue, pending shareholder approval at a special meeting. Mr. Manish Tiwary was appointed as the new Managing Director for a five-year term starting August 2025. Shareholders also approved the financial results for FY2024-25 and the final dividend of ₹10 per share. The company highlighted strong performance over the last decade, with revenue CAGR of 10.3% and market cap increasing 3.9 times, driven by strategic investments including a new Odisha factory and capacity expansions, totaling ₹6,500 crore committed capital expenditure.