Nestle India Limited has informed the Exchange that Board of Directors at its meeting held on April 24, 2025, recommended Final Dividend of Rs. 10 per equity share.
NESTLEIND · price
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On the reaction day the stock moved 0.2 pts more than Nifty 100 and 0.9 pts less than its Packaged Foods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Nestle India Limited, at its meeting held on April 24, 2025, has recommended a Final Dividend of Rs. 10 per equity share for its shareholders. The announcement does not mention the record date, book closure dates, or the total payout value in this filing. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The exact total dividend outflow and yield on current market price will depend on the share count and prevailing stock price.
This is a standard final dividend declaration and is unlikely to cause any major market reaction on its own. Shareholders should watch for the record date announcement and compare the total dividend (interim + final) with the previous year to gauge any change in shareholder returns.