Nestlé India Limited

Nestlé India Limited conducted its 67th Annual General Meeting (AGM) on Friday, 3rd July 2026 at 10:30 AM IST through video conferencing/other audio-visual means. The meeting concluded at 01:29 PM IST. All four agenda items were approved by shareholders with requisite majority.

Voting Details and Results

Ordinary Business

Item No. 1: Adoption of Financial Statements

  • Resolution: To receive, consider and adopt the audited standalone and consolidated financial statements for FY 2025-26
  • Votes in favour: 159,258,6316 (99.88% of valid votes)
  • Votes against: 19,65,166 (0.12% of valid votes)
  • Total valid votes cast: 159,455,1482 (82.69% of outstanding shares)

Item No. 2: Dividend Declaration

  • Resolution: To confirm payment of interim dividend and declare final dividend for FY ended 31st March 2026
  • Votes in favour: 159,474,7889 (99.99% of valid votes)
  • Votes against: 1,32,582 (0.01% of valid votes)
  • Total valid votes cast: 159,488,0471 (82.71% of outstanding shares)

Item No. 3: Director Re-appointment

  • Resolution: To appoint Mr. Mandeep Singh Chhatwal (DIN: 11387157) who retires by rotation
  • Votes in favour: 159,249,2768 (99.85% of valid votes)
  • Votes against: 23,87,701 (0.15% of valid votes)
  • Total valid votes cast: 159,488,0469 (82.71% of outstanding shares)

Special Business

Item No. 4: Cost Auditor Remuneration Ratification

  • Resolution: To ratify remuneration of M/s. Ramanath Iyer & Co., Cost Accountants (Firm Registration No.: 000019) for FY 2026-27
  • Votes in favour: 159,473,9087 (99.99% of valid votes)
  • Votes against: 1,41,402 (0.01% of valid votes)
  • Total valid votes cast: 159,488,0489 (82.71% of outstanding shares)

Shareholding and Participation Details

  • Record date: 26th June 2026
  • Total number of shareholders on record date: 495,637
  • Promoters and promoter group present through video conferencing: 2 members
  • Public shareholders present through video conferencing: 299 members
  • Total outstanding shares: 192,831,4320

Scrutinizer Details

  • Name: Abhinav Khosla, Partner of SCV & Co. LLP
  • Firm: SCV & Co. LLP, Chartered Accountants
  • ICAI Registration No.: 000235N/N500089
  • Membership No.: 087010
  • Date of appointment: 21st April 2026
  • Report issuance date: 3rd July 2026

Voting Process

  • Remote e-voting period: 30th June 2026 (9:00 AM IST) to 2nd July 2026 (5:00 PM IST)
  • E-voting facility provided by National Securities Depository Limited (NSDL)
  • Results unblocked on 3rd July 2026 at 01:29 PM IST in presence of two independent witnesses
  • No invalid votes were recorded across all shareholder categories