Nestlé S.A. and Maggi Enterprises Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Nestle S.A. and Maggi Enterprises Limited, both Switzerland-based promoters of Nestle India, have filed a routine annual declaration with BSE and NSE. Together, they hold 62.76% of Nestle India's paid-up equity share capital. The declaration confirms that during financial year 2024-25, the promoters have not created any encumbrance — such as a pledge, lien, or charge — on their shares in Nestle India, either directly or indirectly. This is a standard annual compliance filing required under SEBI's Takeover Regulations, 2011.
This is a neutral-to-mildly positive disclosure for shareholders. It means the promoters' 62.76% stake is fully unencumbered, removing any near-term risk of forced share sale due to a pledge invocation. It also signals long-term confidence from the parent group in the Indian business.