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It does not dilute the ownership interests of existing shareholders. Nestle India Ltd shares hit their all-time highs on Friday as the company announced a stock split after its board meeting on Thursday. A stock split is a corporate action in order to create more shares by dividing the existing shares into multiple new shares….
FMCG major Nestle India has “strong commitments” for local manufacturing with plans to invest ₹4,200 crore by 2025, including in its 10th plant in the country at Odisha, its Chairman and Managing Director Suresh Narayanan said on Friday. Nestle India, the maker of popular Maggi noodles, KitKat chocolate and Nescafe, is investing to create capacity…
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