Intimation of Postal Ballot Results – Resolution approved by the members with requisite majority
Further to our communication PKR:SG: 70:23 and PKR:SG: 78:23 dated 19th October 2023 and 7th November 2023, respectively, this is to inform that the Ordinary Resolution as set out in the Postal Ballot Notice dated 19th October 2023 regarding sub-division/ split of equity shares of the Company, such that 1 (one) equity share having face value of Rs. 10/- (Rupees ten only) each, fully paid-up, will be sub-divided into 10 (ten) equity shares having face value of Re. 1/- (Rupee one only) each, fully paid- up, ranking pari-passu in all respects, by alteration of Clause 5 of the Memorandum of Association of the Company, has been approved by the members of the Company with requisite majority.
The details of voting results, as per the requirements of Regulation 44 of the Listing Regulations, are enclosed in the prescribed format along with the Scrutinizer’s Report. The same is also being uploaded on the website of the Company i.e., www.nestle.in and on the website of National Securities Depository Limited (e-voting agency)
i.e., www.evoting.nsdl.com