Nestle India share price gains as it sets date to consider first-ever bonus share issue
Stock Market Today: Nestle India share price gained in the morning trade on Friday after the fast-moving consumer goods (FMCG) major announced the board meeting date to consider and approve its first-ever bonus share issue.
Nestle India—Board Meeting Details
Nestle India informed the exchanges about its board meeting date after the stock market hours on Thursday. In its release on the exchanges, Nestle India Ltd said, “A meeting of the Board of Directors of the company is scheduled to be held on Thursday, June 26, 2025, to inter-alia consider and approve the proposal for issue of bonus shares, subject to requisite approvals.”
The upcoming bonus share issue will be the first ever in the company’s history since it was listed on the…