ALPHA TRIBE

Nestle India LimitedQIP/Rights/Pref., 11-08-2025: Allotment of Securities

11-08-2025 | 09:47 am

Nestlé India's Allotment Committee has approved the issuance of 964,157,160 new equity shares as fully paid-up bonus shares. These bonus shares are being issued to existing eligible shareholders in a 1:1 ratio, meaning one new share for every share held. This move will increase the company's total paid-up share capital to ₹192.83 crore, divided into 1,928,314,320 equity shares of ₹1 face value each. This bonus issue aims to reward shareholders and increase liquidity, without infusing fresh capital.

No comments yet. Be the first to comment!

All announcements from Nestle India Limited