Nestle India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
NESTLEIND · price
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Nestle India has announced the results of a postal ballot conducted via remote e-voting from 12th February to 13th March 2026, where shareholders approved three director appointments with overwhelming majority. Mr. Mandeep Singh Chhatwal was appointed as Non-Executive Director with 99.92% votes in favour. Mr. Edouard Dominique Jean Mac Nab was appointed as Executive Director – Finance & Control and CFO for a five-year term (1st March 2026 to 28th February 2031) with 99.49% approval. Mr. Jagdeep Singh Marahar was appointed as Executive Director – Technical for a five-year term (1st June 2026 to 31st May 2031) with 99.43% approval. Voting was conducted on 1,586,823,062 shares (82.29% of outstanding shares), out of 508,511 total shareholders on record. Scrutinizer Abhinav Khosla of SCV & Co. LLP certified that all three ordinary resolutions were passed with the requisite majority.
The appointments fill key leadership positions including the CFO role, ensuring continuity in financial oversight and technical operations. The near-unanimous shareholder approval (over 99% in favour across all resolutions) reflects strong investor confidence in the company's governance and leadership transition. This is a routine governance matter with no negative implications for shareholders.