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Nestle India to consider bonus issue on June 26; stock advances 2%

Nestle India to consider bonus issue on June 26; stock advances 2%

Business Standard20 hours ago

Nestle bonus issue: Nestle India shares rose 1.6 per cent in trade on Friday, June 20, 2025, logging an intraday high at ₹2,356.8 per share on BSE after the company said its board will consider issuing bonus shares in a meeting on June 26, 2025.
However, at 10:18 AM, Nestle shares pared some gains and were trading 1.03 per cent higher at ₹2,342.85 per share on the BSE. In comparison, the BSE Sensex was up 0.65 per cent at 81,894.29. The company's market capitalisation stood at ₹2,25,887.56 crore. Its 52-week high was at ₹2,777 per share and 52-week low was at ₹2,115 per share.
Nestle bonus shares detail
After market hours, on Thursday, Nestle informed investors that the fast-moving consumer goods (FMCG) giant's board will consider issuing bonus shares.
What is bonus issue?
A bonus issue refers to a corporate action where a company issues additional shares to its existing shareholders for free, in proportion to the number of shares they already hold.
Only existing shareholders who hold shares in the company before the record date are eligible to receive the bonus shares. If one buys the shares on or after the record date, they won't be eligible to receive the bonus issue.
Nestle Q4 results
The consumer giant reported a net profit fall of 5 per cent to ₹885.4 crore in the January to March quarter of the financial year 2025 (FY25), as compared to ₹934.1 crore in the same period last year. The fall in the bottom line came while the revenue from operations rose 4.5 per cent to ₹5,503.8 crore in the quarter under review. In the fourth quarter of the previous year, the company reported a revenue of ₹5,267.50 crore.

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