Nestle India Limited has informed the Exchange about Newspaper advertisement regarding dispatch of Notice of Postal Ballot electronically
NESTLEIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nestle India has informed the stock exchanges about newspaper advertisements published in Financial Express (English) and Jansatta (Hindi) on February 12, 2026, confirming electronic dispatch of the Postal Ballot Notice dated January 30, 2026. The Postal Ballot seeks shareholder approval for three key board appointments: Mr. Mandeep Singh Chhatwal as Non-Executive Director, Mr. Edouard Dominique Jean Mac Nab as Executive Director – Finance & Control and CFO (term: March 1, 2026 to February 28, 2031), and Mr. Jagdeep Singh Marahar as Executive Director – Technical (term: June 1, 2026 to May 31, 2031). The e-voting window is open from February 12, 2026 (9:00 AM) to March 13, 2026 (5:00 PM), with results to be declared by March 14, 2026. The document also reflects Nestle India's Q3 FY26 results, showing standalone net profit rising to Rs 3,456 lakhs (vs Rs 1,446 lakhs in Q3 FY25) and consolidated net profit at Rs 6,986 lakhs (vs Rs 5,682 lakhs in Q3 FY25), with consolidated EPS of Rs 46.19.
This is a routine corporate governance disclosure – shareholder voting on director appointments is procedural and unlikely to materially move the stock. However, the strong year-on-year profit growth (standalone profit up ~139%) visible in the same newspaper publication signals solid Q3 operating performance.