Meeting Details

  • Meeting Date: July 3, 2026
  • Meeting Time: Commenced at 10:30 hours, concluded at 13:29 hours
  • Meeting Format: Conducted through video conferencing/other audio-visual means (VC/OAVM)
  • Deemed Venue: Registered Office at 100/101, World Trade Centre, Barakhamba Lane, New Delhi - 110 001

Voting Arrangements

  • Remote e-Voting facility was provided through NSDL portal from June 30, 2026 (9:00 AM IST) to July 2, 2026 (5:00 PM IST)
  • Members attending the AGM through VC/OAVM who had not voted remotely were provided facility to e-Vote during the AGM on NSDL portal
  • Voting was closed along with the conclusion of the AGM, including an additional thirty minutes provided separately for e-Voting
  • Scrutinizer: M/s. SCV & Co., LLP, Chartered Accountants supervised the remote e-Voting and e-Voting during the AGM
  • Voting results and Scrutinizer's Report will be submitted to stock exchanges separately in the prescribed format under Regulation 44

Agenda Items Deliberated

Ordinary Business:

1. To receive, consider and adopt:

  • Audited standalone financial statements for FY 2025-26 including Balance Sheet as at March 31, 2026, Statement of Profit and Loss, Cash Flow Statement, together with Reports of Board of Directors and Auditors
  • Audited consolidated financial statements for FY 2025-26 including Balance Sheet as at March 31, 2026, Statement of Profit and Loss, Cash Flow Statement, together with Report of Auditors

2. To confirm payment of Interim Dividend already declared and paid, and to declare final dividend on equity shares for FY ended March 31, 2026

3. To appoint a director in place of Mr. Mandeep Singh Chhatwal (DIN: 11387157), who retires by rotation and offers himself for re-appointment

Special Business:

4. To approve ratification of remuneration payable to M/s. Ramanath Iyer & Co., Cost Accountants (Firm Registration No.: 000019), appointed as Cost Auditors to conduct audit of cost accounting records for products under Customs Tariff Act Heading 0402 for FY 2026-27

Meeting Proceedings

  • Mr. Manish Tiwary, Chairman and Managing Director, chaired the meeting
  • Directors including Chairpersons of Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee were present as required
  • Participation of Statutory Auditors, Cost Auditors, and Secretarial Auditors was acknowledged
  • Statutory Registers and relevant documents mentioned in the AGM notice were available for inspection throughout the meeting
  • Chairman delivered speech briefing members about company performance and operations during FY ended March 31, 2026
  • Chairman highlighted company achievements and stated that company actions remain anchored in four key priorities: 'Consumer Centricity', 'Penetration-Led Volume Growth', 'Reinvestment Behind Brands and Capacity', and 'Accelerating Tech Enabled Sales and Operations'
  • No qualifications, observations, or adverse remarks in Reports of Statutory Auditors and Secretarial Auditors
  • Speaker shareholders who pre-registered were invited to express views/raise queries, which were responded to by Chairman and other Directors

Additional Information

  • One-way live webcast facility was made available to non-members during the meeting
  • Video recording of the AGM is being uploaded on company website at www.nestle.in
  • Detailed proceedings of the AGM will be submitted to stock exchanges in due course
  • Notice of the 67th AGM dated April 21, 2026, along with Explanatory Statement and Annual Report for FY ended March 31, 2026, had been circulated to members and hosted on company, BSE, NSE, and NSDL websites