Postal Ballot Notice

In furtherance to our letter PKR:SG: 36:23 dated 1st June 2023 informing that the Company will be seeking consent of the Members by way of passing an Ordinary Resolution through Postal Ballot by way of remote electronic voting (“remote e-voting”) for the appointment of Mr Satish Srinivasan (DIN: 10173407) as a Director and Whole-time Director, designated as “Executive Director-Technical" of the Company for a term of five consecutive years w.e.f. 1st July 2023 along with terms and conditions of appointment and remuneration payable to Mr Satish Srinivasan. In this regard, please find enclosed Postal Ballot Notice dated 1st June 2023 together with the explanatory statement. The copy of the said Postal Ballot Notice is being uploaded on the website of the Company at www.nestle.in and National Securities Depository Limited (“NSDL”) at www.evoting.nsdl.com.

In conformity with the requirements, the Postal Ballot Notice is being sent through electronic mode to all those Members whose name appears on the Register of Members/ List of Beneficial Owners and whose e-mail ID is registered with the Company/ Depositories as on Friday, 2nd June 2023 (“Cut-off Date”).

The Company has engaged the services of NSDL for providing remote e-voting facility to all its Members. The remote e-voting period shall commence at 9:00 A.M. (IST) on Tuesday, 6th June 2023 and shall conclude at 5:00 P.M. (IST) on Wednesday, 5th July 2023. Please note that communication of assent or dissent of the Members would only take place through the remote e-voting. The instructions for remote e-voting are provided in the Postal Ballot Notice.
The Result of remote e-voting shall be declared on or before 5 P.M. on Friday, 7th July 2023.

PDF file of the letter submitted to Stock Exchange