Following the media reports, the stock exchanges sought clarification from Nestle India regarding the matter. The company's response is awaited.
Nestle India is a subsidiary of Nestle S.A., Switzerland, and operates across categories including food, beverages, chocolate, and confectionery.
On a standalone basis, net profit rose 25.8% YoY to Rs 1,114.1 crore in Q4 FY26, compared with Rs 885.4 crore in Q4 FY25. Revenue from operations stood at Rs 6,747.8 crore in Q4 FY26, up 22.6% YoY.
"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."