Nestle India declares special dividend of Rs 2. Check record date and other details

The maker of Maggi noodles Nestle India on Friday said that its board has declared a special dividend of Rs 2 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.

The dividend is to be paid out of the retained earnings of the company and shall be paid on and from July 30, 2026, along with the final dividend for the financial year 2025-26, according to a filing with the exchange.

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As per the standalone audited financial statements of the company for the financial year ended March 31, 2026, the retained earnings of the company stood at Rs 51,070.7 million.

The company also informed that according to an order dated September 15, 2023, which became effective from October 19, 2023, an amount of Rs 8,374.3 million was reclassified from general reserve to retained earnings.

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 March 31, 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., July 10, 2026, fixed for the said purpose.

Nestle India announced a final dividend of Rs 5 per equity share for the financial year which ended on March 31, 2026. The record date to determine the eligibility of shareholders set to receive the dividend was set as July 10 (Friday).

The company reported a 27% year-on-year (YoY) rise in consolidated net profit to Rs 1,111 crore for the January-March quarter of FY26.

Revenue from operations meanwhile grew 23% YoY to Rs 6,748 crore in Q4 FY26, from Rs 5,504 crore in the same period of the previous financial year. This also comfortably beat Dalal Street estimate of Rs 6,196 crore.

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At the time of reporting, the shares of Nestle India were up 1.14% to its day’s high of Rs 1,462 against previous day's close of Rs 1,446 on BSE. In the last one year, the shares have gone up 21.91% and nearly 29% in the last three years.

The shares were up 22.18% and 13.78% in the last three months and six months respectively.

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