Nestlé India clarifies on News Item

With reference to a News Item published in a leading financial daily titled "Nestlé to sell biscuits arm Excelsia to Parson", Nestlé India Ltd has clarified that it does not have any shareholding in Excelsia Foods Pvt Ltd. Excelsia Foods is a wholly owned subsidiary of Nestlé S A, Switzerland. So the press item does not relate to Nestlé India Ltd.