Nestle India Ltd recommends 1:1 bonus issue

The Board of Directors of Nestle India Ltd, at its meeting held today i.e. 26th June 2025, have considered and approved the issue of bonus equity shares in the ratio of 1:1, i.e., one (1) bonus equity share of face value of ₹1/- each for every one (1) fully paid-up equity share of face value of ₹1/- each, held by the members of the Company as on the record date, by capitalising a sum not exceeding ₹96,41,57,160/- (Rupees ninety six crore forty one lakh fifty seven thousand one hundred and sixty only) out of the retained earnings of the Company, subject to the approval of the members of the Company.

The record date for determining the entitlement of the members of the Company to receive bonus equity shares will be announced in due course.

Source : Equity Bulls

Keywords

NestleIndia FMCG BonusIssue 1For1