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Postal Ballot Notice 2023

In furtherance to our letter PKR:SG: 70:23 dated 19th October 2023 informing that the Company will be seeking consent of the members through Postal Ballot by way of remote electronic voting (“remote e-Voting”) for 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, by alteration of Clause 5 of the Memorandum of Association of the Company.

In this regard, please find enclosed Postal Ballot Notice (“Notice”) dated 19th October 2023 together with the explanatory statement. The copy of the 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 Notice is being sent only through electronic mode to those members whose name appears on the Register of Members/ List of Beneficial Owners and whose e-mail address is registered with the Company/ Depository Participant(s) as on Wednesday, 1st November 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 Thursday, 9th November 2023 and will conclude at 5:00 P.M. (IST) on Friday, 8th December 2023. Please note that communication of assent or dissent of the members would only take place through the remote e-Voting facility. The instructions for remote e-Voting are provided in the Notice.

The Result of remote e-Voting shall be declared by Monday, 11th December 2023.

PDF file of the letter submitted to Stock Exchange