StockWatch
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Packaged Foods
Dividend3 Jul 2026, 09:58 am

Nestle India Declares Special Dividend of ₹2 Per Share

AI Summary

Nestle India's Board of Directors has announced a Special Dividend 2026 of ₹2 per equity share. This dividend will be paid out of retained earnings, specifically from an amount reclassified from General Reserve to Retained Earnings as per a Scheme of Arrangement sanctioned by the NCLT. The total retained earnings stood at ₹51,070.7 million as of March 31, 2026. The dividend payment is scheduled for July 30, 2026, and is subject to shareholder approval at the 67th Annual General Meeting on July 3, 2026. The record date for determining eligible shareholders is July 10, 2026.

Key Highlights

  • Nestle India declares Special Dividend 2026 of ₹2 per equity share.
  • Dividend to be paid from retained earnings, post-reclassification from General Reserve.
  • Payment date set for July 30, 2026.
  • Subject to shareholder approval at the AGM on July 3, 2026.
  • Record date for dividend eligibility is July 10, 2026.