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Nestle India shares in focus as FMCG major to consider first-ever bonus share issuance today

3 weeks ago 10

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FMCG major Nestle India's board is set to meet today (June 26) to consider its first ever bonus share issuance. Bonus shares are the additional shares issued for free to the company's existing shareholders in the ratio of their existing shareholding.

Earlier last week, the company announced that its board meeting is scheduled to held on Thursday, June 26, 2025 for considering and approving the proposal for issue of bonus shares, subject to requisite approvals.

In view of the above event, the Trading Window for dealing in the securities of the Company shall remain closed from 19th June 2025 to 28th June 2025 (both days inclusive), added the company's filing with the exchange.

Nestle India share price performance

The stock over the past year has tumbled overr 4 per cent underperforming the broader Nifty50 index that gained over 6 per cent during the same period.

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