Nestle India declares interim dividend of 27 for 2023

FMCG main Nestle India on Wednesday declared an interim dividend of Rs 27 for 2023 for your entire issued share capital. The board of the corporate in a gathering held on Wednesday permitted “an interim dividend of Rs 27 per fairness share of Rs 10 every for the 12 months 2023 on your entire issued, subscribed and paid-up share capital of the corporate of 9,64,15,716 fairness shares of the nominal worth of Rs 10 every,” the corporate mentioned in a regulatory submitting.

Nestle India which follows the January-December calendar 12 months as monetary 12 months mentioned, the interim dividend for 2023 shall be paid on and from Might 8, 2023, together with the ultimate dividend for the 12 months 2022, if permitted by the members on the sixty fourth Annual Common Assembly scheduled to be held on April 12, 2023.

It has fastened April 21, 2023, because the document date to find out the eligibility of shareholders for the cost of mentioned interim dividend.

Nestle India goes to declare its outcomes for the March quarter on April 25, 2023.

On October 31, 2022, Nestle India declared a second interim dividend of Rs 120 and a closing dividend of Rs 65 on Apr 21, 2022.

Shares of Nestle India had been buying and selling at Rs 19,401.40 on BSE within the afternoon, down 1.38 per cent from the earlier shut.

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