Nestle India Limited has informed the Exchange regarding Summary Proceedings of the 66th Annual General Meeting held on Jun 26, 2025
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Nestle India held its 66th Annual General Meeting on June 26, 2025, via video conferencing, from 10:30 AM to 1:20 PM, chaired by Chairman and Managing Director Mr. Suresh Narayanan. Seven resolutions were tabled covering adoption of FY25 standalone and consolidated financial statements, confirmation of two interim dividends and declaration of a final dividend, re-appointment of Mr. Satish Srinivasan as a director, ratification of cost auditor remuneration, re-appointment of Mr. PR Ramesh as Independent Director for a second term till June 30, 2030, and appointment of Mr. Manish Tiwary as the new Managing Director for five years effective August 1, 2025. A new secretarial auditor, M/s. S. N. Ananthasubramanian & Co., was also appointed for a five-year term. The Chairman noted no qualifications or adverse remarks in the Statutory or Secretarial Auditors' reports, and the voting results will be filed with the exchanges separately in the prescribed format.
This is a routine procedural filing with no immediate share-price impact expected. The key forward-looking takeaway is the leadership transition, with Mr. Manish Tiwary set to take over as Managing Director from August 1, 2025, succeeding Mr. Suresh Narayanan. Shareholders should watch for the separate voting results filing to confirm approval of all resolutions.