Announced Fri, 3 Jul · 09:57 IST
Nestle India declares Special Dividend 2026 of Rs 2 per share, record date 10 July
Corporate Actions View source PDF
NESTLEIND · price
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Price reaction · full curve 14 horizons · vs prior close
+1.8%1-day move
₹1445.70
prior close
₹1452.90
base price
In-mkt
timing
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AI summary
Nestle India Board declared a Special Dividend 2026 of Rs 2 per equity share (face value Re 1) on 1,92,83,14,320 shares, totalling about Rs 385.7 crore. The payout is funded from a balance amount of Rs 741 crore reclassified from General Reserve to Retained Earnings under an NCLT-sanctioned Scheme, not from current year profits. Payment begins 30 July 2026, alongside the regular final FY26 dividend. Record date is 10 July 2026. Final dividend amount is not stated in this filing.
Likely market impact
Positive for shareholders; modest one-time dividend funded by reclassified reserves, separate from regular FY26 final dividend.