Friday, April 22, 2011

Nestle India Board declares Interim Dividend


Nestle India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 19, 2011, inter alia, has transacted the following:

1. Declared an interim dividend of Rs. 9.00 (Rupees nine only) per equity share for the year 2011, which shall be paid on and from May 06, 2011 along with final dividend for 2010 of Rs. 12.50 (Rupees twelve and paise fifty only) per equity share approved by the shareholders at the 52nd Annual General Meeting held on April 19, 2011, on the entire issued, subscribed and paid-up equity share capital of the Company of 96,415,716 equity shares of the nominal value of Rs. 10/- each; and

2. Appointed Mr. Ashok Kumar Mahindra as an additional director of the Company w.e.f. April 21, 2011.

Source: BSE Corporate Announcements

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