Nestle India Limited — Others, 18-08-2025: Shareholders meeting
18-08-2025 | 06:46 pm
18-08-2025 | 06:46 pm
Nestlé India shareholders have approved a 1:1 bonus share issue, capitalizing up to ₹96.42 crore from retained earnings. This move aims to enhance share liquidity and expand the retail investor base, building on the success of the January 2024 10:1 stock split which significantly increased retail participation. Shareholders also approved increasing the Authorized Share Capital from ₹100 crore to ₹200 crore, which is essential to facilitate the bonus shares. This decision reinforces the company's commitment to its investors.
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