Outcome of the Board Meeting held on 3rd July 2026 - Declaration of a Special Dividend 2026
The Company has informed BSE and NSE that the Board of Directors of the Company, at its meeting held on 3rd July 2026, has declared a Special Dividend 2026 of Rs. 2/- (Rupees two only) per equity share of face value of Re. 1/- each on the entire issued, subscribed and paid-up equity share capital of the Company comprising 1,928,314,320 equity shares, to be paid out of the retained earnings of the Company.
As per the standalone audited financial statements of the Company for the financial year ended 31st March 2026, the retained earnings of the Company stood at Rs. 51,070.7 million (“Total Retained Earnings”). Pursuant to the Scheme of Arrangement (“Scheme”) sanctioned by the Hon'ble National Company Law Tribunal, New Delhi Bench, vide its Order dated 15th September 2023, which became effective from 19th October 2023 (“NCLT Order”), an amount of Rs. 8,374.3 million was reclassified from General Reserve to Retained Earnings (“Reclassified Amount under the Scheme”). Details of the Scheme are available at https://www.nestle.in/investors/stockandfinancials/scheme-arrangement. Out of the Reclassified Amount under the Scheme, Rs. 964.2 million was capitalised through the issuance of bonus equity shares in the ratio of 1:1 in August 2025. The aforesaid Special Dividend 2026 shall be paid out of the balance reclassified amount of Rs. 7,410.1 million included in the Total Retained Earnings of the Company as at 31st March 2026.
The Special Dividend 2026 shall be paid on and from 30th July 2026, along with the final dividend for the financial year 2025-26, as recommended by the Board of Directors and subject to the approval of the members at the 67th Annual General Meeting of the Company scheduled to be held later today, i.e., 3rd July 2026. The dividend shall be paid to those members whose names appear in the Register of Members of the Company or in the Register of Beneficial Owners maintained by the Depositories as on the Record Date, i.e., 10th July 2026, fixed for the said purpose and already intimated to the stock exchanges vide the Company's letters bearing reference nos. PKR:SG:24:2026-27 and PKR:SG:25:2026-27, both dated 19th June 2026.
