Appointment of Mr. Mandeep Chhatwal as Additional Director at Nestle India
Nestle India appoints Mr. Mandeep Chhatwal as an Additional Director (Non-Executive Director) effective January 1, 2026, subject to shareholder approval. Chhatwal brings 30+ years of finance experience, currently CFO for Nestlé's AOA zone.
The appointment of an additional director is unlikely to have a significant impact on the company's operations or financial performance.
The announcement is a routine update regarding the appointment of an additional director.
* Appointment of Mr. Mandeep Chhatwal (DIN: 11387157) as an Additional Director (Non-Executive Director) of the Company w.e.f. 1st January 2026, subject to the approval of the shareholders. * Mr. Chhatwal holds a Master's degree in Business Administration from IIM Ahmedabad and has over 30 years of experience in the finance sector. * He is currently the Chief Financial Officer (CFO) for Zone Asia, Oceania & Africa (AOA), based at Nestlé’s global headquarters in Vevey, Switzerland. * Mr. Chhatwal is not related to any Director of the Company and is not debarred from holding the office of director by virtue of any order.
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Nestle India Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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