Nestle India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on Jun 26, 2025. Further, the company has informed the Exchange regarding voting results.
NESTLEIND · price
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Nestle India held its 66th Annual General Meeting on June 26, 2025 via video conferencing, and all 7 resolutions were approved by shareholders. Key items included adoption of the audited financial statements for FY2024-25, confirmation of two interim dividends along with a final dividend, and the re-appointment of Mr. Satish Srinivasan as Director. Shareholders also approved the re-appointment of Mr. PR Ramesh as Independent Director for a second 5-year term (till June 2030) and the appointment of Mr. Manish Tiwary as the new Managing Director for a 5-year term starting August 1, 2025. Approval rates were very high across all resolutions, ranging from 98.49% to 99.99% in favour. The meeting saw participation from 279 shareholders via video conferencing out of a total of 5,19,774 shareholders on the record date.
Routine AGM outcomes with strong shareholder backing; the appointment of Mr. Manish Tiwary as Managing Director is a notable leadership change effective August 2025, though no material surprise for the stock since all resolutions were expected to pass with large margins.