
Dividend3 Jul 2026, 09:54 am
Nestle India Declares Special Dividend of ₹2 Per Share
AI Summary
Nestle India Ltd's Board of Directors, in a meeting held on July 3, 2026, declared a Special Dividend 2026 of ₹2 per equity share. This dividend, amounting to ₹2 per share on 1,928,314,320 equity shares, will be paid out of retained earnings. The dividend is funded by the balance reclassified amount of ₹7,410.1 million from a Scheme of Arrangement sanctioned by NCLT. The payment is scheduled for July 30, 2026, subject to member approval at the 67th AGM held on the same day. The record date for determining eligible shareholders is July 10, 2026.
Key Highlights
- Nestle India declared a Special Dividend 2026 of ₹2 per equity share.
- The dividend will be paid out of retained earnings, including reclassified amounts from a Scheme of Arrangement.
- Total payout is based on 1,928,314,320 equity shares.
- Payment date is July 30, 2026, subject to AGM approval.
- Record date for eligibility is July 10, 2026.
Price Impact
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