Particle.news
Download on the App Store
13 ARTICLES
·
last wk.

Nestle India to Vote on First Bonus Share Issue at June 26 Board Meeting

The trading window will remain closed until June 28 ahead of the company’s planned exit from the BSE Sensex in the semi-annual reshuffle.

Top stocks to watch: Oswal Pumps, Sai Life, HDFC Bank, Concor, Nestle, HCL Tech, JSW infra
Nestle Bonus Share | Image: Nestle
Image
Image

Overview

  • The board will consider issuing bonus shares for the first time at its June 26 meeting.
  • Trading in Nestle India securities is barred from June 19 to June 28 under SEBI insider-trading rules.
  • The stock is set to leave the BSE Sensex on June 23 as part of the index’s semi-annual rebalancing.
  • In Q4 FY25, standalone net profit fell 5.2% to ₹885 crore while operational revenue rose 4.5%, and the board has recommended a ₹10-per-share final dividend.
  • Elsewhere, HDFC Bank’s NBFC arm launches a ₹12,500 crore IPO from June 25 to 27, Biocon raised ₹4,500 crore via a ₹330-per-share QIP, United Spirits agreed a ₹130 crore NAO Spirits deal, Kaynes Technology opened a ₹1,600 crore QIP, and Container Corp fixed July 4 as the bonus-issue record date.