Nestle India shares up 1% ahead of bonus share issue announcement today

Stock market today: Nestle India shares gained 1% in the morning trade on Thursday ahead of the board's meeting to consider the first-ever bonus share issue. The board meeting is scheduled today, i.e., Thursday, June 26.

Nestle India board's bonus issue meet today

Nestle India on June 19, 2025, had announced the board meeting date to consider the bonus shares issue. As per its release on the stock exchanges, Nestle India said, "A meeting of the Board of Directors of the Company is scheduled to be held on Thursday, 26th June 2025, to inter alia consider and approve the proposal for the issue of bonus shares, subject to requisite approvals.”

The company will be issuing bonus shares for the first time since it was listed on the Indian stock exchange.

However, Nestlé India has consistently been paying dividends to shareholders and recently announced a dividend too. Nestle India recommended paying a final dividend of ₹10/- (Rupees ten only) per equity share with a face value of Re 1/- (Rupee one only) on the company's 964,157,160 equity shares that were issued, subscribed for, and paid up during the fiscal year 2024–2025.

Nestle India Share Price Movement

Ahead of today's board meeting to discuss the bonus share issue, Nestle India's shares opened at ₹2422 on the BSE on Thursday. At opening, the price of Nestle India's shares was 1% higher than its closing price of ₹2404.45 the day before. The share price of Nestle India reached an intraday high of ₹2435.

Nestle India share price has been steadily rising since the board meeting announcement to consider bonus shares and is up almost 5% since closing levels on June 19.

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