Nestle India board approves 1:1 bonus share issue, stock up 1%
The board of directors of Maggi-maker Nestle India on Thursday approved a 1:1 bonus share issue for its shareholders, informing that the record date to determine the shareholder eligibility will be announced in due course.
Following this, the shares of the company were trading 1% higher at Rs 2,430 on the BSE.
“This is to inform you that the Board of Directors of the Company, at its meeting held today i.e. 26th June 2025, inter-alia, considered and approved the following: 1. Issue of bonus equity shares in the ratio of 1:1, i.e., one (1) bonus equity share of face value of 1/- each for every one (1) fully paid-up equity share of face value of 1/- each, held by the members of the Company as on the record date,” the company said in its…
