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This is part of the Company's planned capital expenditure in greenfield and brownfield projects between 2020-2025, to increase overall capacities to meet the future demand.
The company proposes to issue 96,41,57,160 equity shares of face value of Rs 1/- each amounting to Rs 96,41,57,160/- under the bonus issue.
Nestlé India is the Indian subsidiary of Nestlé which is a Swiss multinational company. The company's products include food, beverages, chocolate, and confectioneries.
The company’s standalone net profit declined 5.2% to Rs 885.41 crore on a 4.49% jump in net sales to Rs 5,503.9 crore in Q4 FY25 over Q4 FY24.