Nestle India Limited has declared a Special Dividend of Rs 2 per equity share for 2026, to be paid out of retained earnings. The board of directors approved the dividend at its meeting held on July 3, 2026.
Each equity share has a face value of Re 1. The total issued, subscribed and paid-up equity share capital of Nestle India comprises 1,928,314,320 equity shares.
The retained earnings of Nestle India as of March 31, 2026, stood at Rs 5,107.07 crore, based on the standalone audited financial statements for the financial year ended March 31, 2026. An amount of Rs 837.43 crore was reclassified from the General Reserve to Retained Earnings following a scheme of arrangement sanctioned by the National Company Law Tribunal. The scheme became effective from October 19, 2023.
Out of the reclassified amount, Rs 96.42 crore was capitalised through the issuance of bonus equity shares in a 1:1 ratio in August 2025. The special dividend will be paid out of the balance reclassified amount of Rs 741.01 crore included in the total retained earnings.
The special dividend will be paid on and from July 30, 2026, along with the final dividend for the financial year 2025-26, which is subject to the approval of members at the 67th Annual General Meeting scheduled for July 3, 2026. The dividend will be paid to shareholders whose names appear on the register of members or with depositories as of the record date of July 10, 2026. The board meeting commenced at 9:30 AM and concluded at 9:42 AM.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.