Nestle India Declares Special Dividend of ₹2 Per Share
Nestle India's Board declared a Special Dividend 2026 of ₹2 per equity share. This dividend will be paid out of retained earnings, which include amounts reclassified from General Reserve following an NCLT-sanctioned scheme. The dividend will be paid from July 30, 2026, subject to shareholder approval at the AGM on July 3, 2026.
A special dividend of ₹2 per share, while positive, is a relatively small amount per share given the large number of shares outstanding, thus having a moderate impact on the stock price.
The declaration of a special dividend is a positive indicator for shareholders, reflecting the company's financial health and its commitment to returning value.
Nestlé India Limited's Board of Directors, in a meeting held on July 3, 2026, declared a Special Dividend 2026 of ₹2 per equity share. This dividend is on the company's 1,928,314,320 equity shares and will be paid out of retained earnings.
As of March 31, 2026, the company's standalone audited financial statements showed retained earnings of ₹51,070.7 million (5,107.07 crore). Following a Scheme of Arrangement sanctioned by the National Company Law Tribunal (NCLT) on September 15, 2023, which became effective on October 19, 2023, an amount of ₹8,374.3 million (837.43 crore) was reclassified from General Reserve to Retained Earnings. A portion of this reclassified amount, ₹964.2 million (96.42 crore), was capitalized through a 1:1 bonus equity share issuance in August 2025. The Special Dividend 2026 will be paid from the remaining reclassified amount of ₹7,410.1 million (741.01 crore) within the total retained earnings as of March 31, 2026.
The Special Dividend 2026 is scheduled to be paid on or after July 30, 2026. It will be paid along with the final dividend for the financial year 2025-26, subject to the approval of the members at the 67th Annual General Meeting (AGM) scheduled for July 3, 2026. The dividend will be paid to shareholders whose names appear on the Register of Members or beneficial owners as of the Record Date, July 10, 2026. The Board meeting commenced at 9:30 hours and concluded at 9:42 hours.
What to do with a filing like this
Nestle India Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Nestle India Limited. Read the original for the full detail.