NESTLE INDIA LTD. - 500790 - Announcement under Regulation 30 (LODR)-Dividend Updates
The Board of Directors at their meeting held today recommended final dividend for the year 2021 of Rs. 65/- (Rupees Sixty Five only) per equity shares of Rs. 10/- each. Q3FY22 Quarterly Result Announced for Nestle India Ltd.
Nestle India announced Q3FY22 results: Full Year 2021: Total Sales of Rs 14,634 Crore Domestic Sales Growth at 10.7% Profit from Operations at 22.2% Net Profit of Rs 2,145 Crore Robust Cash Generated from Operations at Rs 2,999 Crore Earnings Per Share of Rs 222.5 Final Dividend recommended Rs 65.00 per equity share Total Dividend including final dividend Rs 200.00 per equity share CSR Spend Rs 53.4 Crore Contribution to exchequer of Rs 3810 Crore Commenting on the results, Mr. Suresh Narayanan, Chairman and Managing Director, Nestlé India said, “2021 was a very challenging year and I am proud of the determination of the team, our partners and stakeholders to face the context and continue to be inspired to grow. Nestlé India witnessed broad based, double digit, volume and mix led growth, despite a highly volatile economic environment. Total sales and domestic sales for 2021 increased by 10.1% and 10.7% respectively. Strong growth momentum continued in MAGGI Noodles aided by increased availability. KITKAT and MUNCH registered stellar growth throughout the year. NESCAFÉ Classic continued to deliver double digit growth. Growth in e-commerce was fuelled by new emerging formats such as ‘Quick Commerce’ and ‘Click & Mortar’. We have progressed firmly and resolutely on our RURBAN journey and this has borne fruit with strong rural growth performance in addition to sustained growth in smaller town classes and urban agglomerates. Nestlé India is delighted to announce that our Sanand Factory in Gujarat is now fully operational and meeting our highest standards. It is a matter of great pride that about 62% of the factory workforce are women and it is our digitally and environmentally most advanced factory. The recent announcement by the Government of the PLI Scheme in Food Processing of which Nestlé India is a beneficiary will provide greater impetus to our manufacturing initiatives in the country. We continue to witness high inflation in our key raw and packaging materials, where many are at 10-year highs. However, we remain confident of our ability and competencies and will continue to make all efforts towards cost optimization and seeking systematic efficiencies to mitigate the impact. Leveraging granular growth opportunities using the power of data and analytics is a core ambition of our business strategy. We have harnessed this by building a multi-intelligent data analytics system that sources internal and external data to converge on insights that triggers swift and decisive business actions. Nestlé India is committed to environmentally sustainable business practices at all stages of our operations by making the right choices to protect the future. We have accelerated our sustainability journey by working with focus and coordinated actions across 4 pillars climate change, packaging, responsible sourcing including regenerative farming practices and water management. This year marks the tenth year of the NESCAFÉ Plan which over the years has enabled close collaboration with 4400 coffee farmers from over 250 villages in Karnataka, Kerala and Tamil Nadu. Through the NESCAFÉ Plan, we train coffee farmers to develop good agricultural practices pivoted on quality, productivity, and sustainability. We also support them in obtaining sustainability certificates and providing premium to the coffee farmers when purchasing coffee that is sustainably produced. We are very heartened by the fact that the NESCAFÉ Plan has brought about positive and sustained change in the livelihood of coffee farmers and their families. It has enabled support in the sustainable management of landscapes linked to the value chain; enhanced biodiversity in coffee farms with intercropping and encouraging traceability and transparency. Such visible change through constructive and respectful partnerships with coffee farmers gives Nestlé India team even greater inspiration to extend this initiative to other farm interventions that we have across India.” Result PDF NESTLE INDIA LTD. - 500790 - Annual Financial Results For The Year Ended 31 Dec 2021
Regulation 33 of Listing Regulations : Audited Annual Financial Results for the year 2021 NESTLE INDIA LTD. - 500790 - Board Meeting Outcome for Outcome Of Board Meeting
Regulation 33 of Listing Regulations : Audited Annual Financial Results for the year 2021 Regulation 30 of Listing Regulations : a) Recommended Final Dividend for the year 2021; b) Recommended to the members for appointment of Ms Anjali Bansal as an Independent Non-Executive Director for a term of five consecutive years effective 1st May 2022; c) Noted retirement of Ms Rama Bijapurkar as an Independent Non-Executive Director on completion of her term on 30th April 2022; and d) 63rd Annual General Meeting on Wednesday, 30th March 2022 through Video Conferencing / Other Audio-Visual Means (VC/OAVM). Regulation 42 of Listing Regulations : 63rd Annual General Meeting ('63rd AGM') and Record Date. NESTLE INDIA LTD. - 500790 - Corporate Action-Board to consider Dividend
Further to earlier letter no. BM:PKR:45:21 dated 29th December 2021 intimating that the audited financial results of the Company for the year 2021 shall be considered by the Board of Directors of the Company at their meeting proposed on 17th February 2022, this is to inform you that at its meeting to be held on that date, the Board of Directors would also consider recommendation of final dividend for the year 2021, if any, for the approval of the shareholders at the ensuing Annual General Meeting. As intimated under letter dated 29th December 2021, the Trading Window in respect of the equity shares of the Company shall remain closed from 1st January 2022 to 19th February 2022 (both days inclusive). NESTLE INDIA LTD. - 500790 - Update on board meeting
NESTLE INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/02/2022 ,inter alia, to consider and approve Further to earlier letter no. BM:PKR:45:21 dated 29th December 2021 intimating that the audited financial results of the Company for the year 2021 shall be considered by the Board of Directors of the Company at their meeting proposed on 17th February 2022, this is to inform you that at its meeting to be held on that date, the Board of Directors would also consider recommendation of final dividend for the year 2021, if any, for the approval of the shareholders at the ensuing Annual General Meeting. As intimated under letter dated 29th December 2021, the Trading Window in respect of the equity shares of the Company shall remain closed from 1st January 2022 to 19th February 2022 (both days inclusive). NESTLE INDIA LTD. - 500790 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation regarding loss of old design share certificates of the Company. NESTLE INDIA LTD. - 500790 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Intimation of Earnings Call with Analysts / Investors on Financial Results for the Financial Year ended 31st December 2021 NESTLE INDIA LTD. - 500790 - Certificate Under Regulation 40(9) Of The Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - For The Financial Year Ended 31St December 2021.
Please find enclosed herewith certificate from a practicing Company Secretary for the financial year ended 31st December 2021, as required under Regulation 40(9) of the of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.