Nestle share news: FMCG major Nestle India’s board is set to meet today (June 26) to consider its first ever bonus share issuance. Bonus shares are the additional shares issued for free to the company’s existing shareholders in the ratio of their existing shareholding.
Importantly, cash in free reserves and surplus of the company is added to the capital and using this fresh capital, equity shares are issued to eligible equity shareholders in a specific ratio.
Earlier last week, the company announced that its board meeting is scheduled to held on Thursday, June 26, 2025 for considering and approving the proposal for issue of bonus shares, subject to requisite approvals.
In view of the above event, the Trading Window for dealing in the securities of the Company shall remain closed from 19th June 2025 to 28th June 2025 (both days inclusive), added the company’s filing with the exchange.
Nestle India’s past corporate actions
On the sidelines of the company’s Q4 earnings, the company announced the final dividend of Rs 10 per share or 1000 per cent.
Nestle India Q4FY25 results
The company’s net profit rose 5 per cent on-year to Rs 885 crore in the March quarter of the fiscal year 2024-25. Revenue from operations during the same period surged 4.48 per cent to Rs 5,503.9 crore in comparison to Rs 5,267.6 crore posted in the corresponding period of the previous fiscal year.
Total sales stood at Rs 5,447.6 crore in the March 2025 quarter, rising 3.67 per cent from Rs 5,254.4 crore recorded in the year-ago period.
Domestic sales during the period grew 4.24 per cent on-year to Rs 5,235 crore. Nonetheless, the export sales declined 8.65 per cent to Rs 212.66 crore.
Nestle India share price performance
The stock over the past year has tumbled overr 4 per cent underperforming the broader Nifty50 index that gained over 6 per cent during the same period.