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Nestle India Ltd. ( (IN:NESTLEIND) ) just unveiled an announcement.
Nestle India Limited announced several key decisions following its recent board meeting, including the approval of audited financial results for the fiscal year 2024-25 and the recommendation of a final dividend of Rs. 10 per equity share. Additionally, the company proposed the re-appointment of Mr. PR Ramesh as an Independent Non-Executive Director and the appointment of Mr. Manish Tiwary as Managing Director, both subject to approval at the upcoming AGM. The board also approved the appointment of a new Secretarial Auditor and scheduled the 66th Annual General Meeting for June 26, 2025, to be held virtually.
More about Nestle India Ltd.
Nestle India Limited is a prominent player in the food and beverage industry, primarily known for its wide range of products including dairy, nutrition, beverages, and prepared dishes. The company focuses on delivering high-quality products to the Indian market, leveraging its strong brand presence and extensive distribution network.
YTD Price Performance: 12.91%
Average Trading Volume: 35,792
Current Market Cap: 2320.4B INR
For detailed information about NESTLEIND stock, go to TipRanks’ Stock Analysis page.