Nestle India Limited has informed the Exchange about Nomination of Mr. Mandeep Chhatwal as non-executive director w.e.f. 1st January 2026, subject to approvals
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Nestle India has informed the stock exchanges that Mr. Mandeep Chhatwal has been nominated to be appointed as a non-executive director of the company, effective from 1st January 2026, subject to necessary approvals. The proposal will be placed before the Board at its upcoming meeting, on the recommendation of the Nomination and Remuneration Committee. Mr. Chhatwal is an IIM Ahmedabad MBA with over 30 years of experience in the finance sector. He began his career at Nestle India in 1989, moved to other Nestle Group markets in 2004, and currently serves as CFO of Zone Asia, Oceania & Africa (AOA) at Nestle's global headquarters in Vevey, Switzerland, overseeing finance across 112 countries since 2021.
This is a routine board addition bringing in a senior global finance leader with deep Nestle Group experience, which is generally viewed positively by shareholders as it strengthens governance. The appointment is a nomination at this stage and remains subject to board and other approvals before becoming effective.