Nestle India's board to mull issue of bonus shares on June 26

Nestle India's board to mull issue of bonus shares on June 26

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26 Aug, 2025 12:21

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FMCG major Nestle India Ltd on June 19 said its board will consider issue of bonus shares on June 26.

"This is to inform that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, 26th June 2025, to inter-alia consider and approve the proposal for issue of bonus shares, subject to requisite approvals. In view of the above event, the Trading Window for dealing in the securities of the Company shall remain closed from 19th June 2025 to 28th June 2025 (both days inclusive)," said Nestle India in a stock exchange filing.

On June 19, Nestle India's shares on BSE closed 1.1% lower at Rs 2,313 apiece. The 52-week low of the stock is Rs 2,110 and 52-week high is Rs 2,778. The market capitalisation of the stock is Rs 2.23 lakh crore.

In January 2024, Nestle India undertook a 1:10 stock split.

Nestle India Ltd on April 24 reported 5% decline in standalone net profit at Rs 885 crore for the quarter ended March 31, 2025, thus beating estimates. It reported standalone net profit of Rs 934 crore in the year-ago period.

The firm's revenue rose 4% to Rs 5,504 crore in Q4FY25 as against Rs 5,268 crore in Q4FY24, thus meeting estimates.

The firm declared dividend of Rs 10 per share. July 4 has been fixed as record date for the purpose of determining entitlement of the members to the final dividend for the financial year 2024-25 and, if approved by the members at the ensuing 66th AGM, it shall be paid July 24, said the firm in a stock exchange filing.