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( As on 26/06/2025 12:12)

Nestle India board approves 1:1 bonus share issue

Nestl‚ India’s board has approved the issuance of bonus equity shares in a 1:1 ratio, the company announced on Thursday.

According to its regulatory filing, shareholders will receive one bonus share of face value Re 1 for every existing equity share of the same value they hold.

The company also stated that the record date for determining shareholder eligibility will be announced in due course. Following the announcement, Nestl‚ India shares rose 1% in morning trade.