This means that shareholders must own stock by the end of today to get additional shares.
It is an important milestone in the history of the company, as Nestle India has never announced a bonus issue before according to trendy data. 1: 1 bonus will effectively double the number of outstanding shares, providing shareholders a free shares for each one.
The release of bonus shares, while not directly affecting the basic principles of the company, is often considered as a sign of strong financial health and management belief.
It also improves stock liquidity and makes the stock more inexpensive for retail investors by adjusting the subsequent bonuses of the price.
The move by Nestle India aims to reward long -term shareholders and improve access, especially at a time when the company’s stock remains a relatively high price compared to many of its colleagues in the FMCG sector than many of its colleagues. According to SEBI’s T +1 Settlement Rules, investors still do not have any bonds for this, which is not a bond as August 8.
Nestle India Q1 Results
Maggi-Mekar Nestle India reported its results for the first quarter of FY 26 in July, in which year-on-year (PAT) recorded a decline of Rs 647 crore in consolidated benefits after tax (PAT), which was below Rs 747 crore in the year period.
Meanwhile, revenue from operations increased by 6% YOY to Rs 5,096 crore as compared to Rs 4,814 crore in the respective quarter of the previous financial year.
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