Nestle India share price gains as it sets date to consider first-ever bonus share issue

Stock Market Today: Nestle India share price gained in the morning trade on Friday after the fast-moving consumer goods (FMCG) major announced the board meeting date to consider and approve its first-ever bonus share issue.

Nestle India—Board Meeting Details

Nestle India informed the exchanges about its board meeting date after the stock market hours on Thursday. In its release on the exchanges, Nestle India Ltd said, “A meeting of the Board of Directors of the company is scheduled to be held on Thursday, June 26, 2025, to inter-alia consider and approve the proposal for issue of bonus shares, subject to requisite approvals.”

The upcoming bonus share issue will be the first ever in the company's history since it was listed on the Indian stock market.

Nestle India Dividend Details

Among other corporate moves, Nestle India has consistently paid dividends. For the fiscal year 2024–2025, a final dividend of ₹10/- (Rupees ten only) per equity share with a face value of Re 1/- (Rupee one only) was recommended by Nestle India on the company's entire issued, subscribed, and paid-up share capital of 964,157,160 equity shares.

Nestle India Share Price Movement

Nestle India shares opened at ₹2,339 on the BSE on Friday following the announcement of the board meeting date for bonus share consideration. Nestle India share price at the time of opening was nearly 1% higher compared to the previous day's closing price of ₹2,319. The FMCG stock gained further to an intraday high of ₹2356.80, which meant gains of more than 1% for the Nestle India share price.

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