Stock Market Today: Nestle India share price gained in the morning trades on Friday. The company announced the board meeting date to consider and approve its first-ever bonus share issue
Nestle India—Board Meeting Details
Nestle India Ltd. informed the exchanges about its board meeting dates. In its release on the National Stock Exchange of India and the BSE, or the Bombay Stock Exchange, Nestle India Ltd said 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.”
The upcoming bonus share issue will be the first ever in the company’s history since it was listed on the Indian stock market.
Nestle India The company will be issuing bonus shares for the first time since it was first listed on the Indian stock exchange.
Nestle India Dividend details
For the fiscal year 2024–2025, a final dividend of Rs. 10/- (Rupees ten only) per equity share with a face value of Re. 1/- (Rupee one only) was recommended by Nestle India on the company’s entire issued, subscribed, and paid-up share capital of 964,157,160 equity shares with a face value of Re. 1/- (Rupee one only) each.
