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Nestlé India has informed that the Board of Directors, at its meeting held today, approved the following: 1) Unaudited Financial Results of the Company for the third quarter and nine months ended 30th September 2023 (‘UFRs’). Enclosed are the UFRs along with the Limited Review Report on the said UFRs issued by S. R. Batliboi & Co. LLP, Chartered Accountants, the Statutory Auditors of the Company and Press Release relating to the UFRs. The same are also being uploaded on the Company’s Website. The UFRs shall be published in newspapers as per the Listing Regulations, 2) Declaration of Second Interim Dividend of Rs 140 per equity share of Rs 10 each for the year 2023 on the entire issued, subscribed and paid-up share capital of the Company of 9,64,15,716 equity shares of the nominal value of Rs 10 each. Second Interim Dividend for the year 2023 will be paid on and from 16th November 2023 to those members whose names appear in the Register of Members of the Company and as beneficial owners in the Depositories, as on the Record Date fixed for the purpose, 1st November 2023, as already intimated to the Stock Exchanges vide its letter PKR:SG: 61:23 dated 3rd October 2023, 3) Sub-division/ split of each equity share of face value of Rs 10 each, fully paid-up into 10 equity shares of face value of Re 1 each, fully paid-up by alteration of Capital Clause of the Memorandum of Association of the Company, subject to the approval of the members of the Company to be sought by means of Postal Ballot. The Record Date for sub-division/ split of existing equity shares will be intimated in due course. The detailed disclosure for sub-division/ split of existing equity shares of the Company, in terms of Regulation 30 of Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023, is enclosed as Annexure A. The meeting of Board of Directors commenced at 9:00 hours and the above agenda items concluded at 10:25 hours.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Nestle | 2489.25 |
| Britannia Inds | 5127.25 |
| Varun Beverages | 1490.20 |
| Marico | 599.30 |
| Hatsun Agro Product | 1013.95 |
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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