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Nestle India Ltd logo

Nestle India Ltd

NSE: NESTLEIND BSE: 500790

₹1420.10

(-0.79%)

Sat, 23 May 2026, 03:29 pm

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Company History

1959

  • Incorporated on March 28 at New Delhi, promoted by Nestle Alimentana S.A. via Nestle Holdings Ltd.

1968

  • Issued 1,37,785 bonus shares in 1:10 proportion.
  • Issued 3,00,000 shares at par with reservations and public offer.

1970

  • Issued 34,251 shares against machinery to collaborators.

1978

  • Offered 4,00,114 new and 382,751 existing shares to Indian nationals at prem Rs 2.50.

1980

  • Issued 22,50,000 bonus shares in 1:1 proportion.

1983

  • Issued 27,00,000 bonus shares in 3:5 proportion.

1985

  • Issued 18,00,000 rights shares at prem Rs 30 (1:4), additional for oversub, to employees and Nestle Holdings.

1986

  • Shareholders approved Rs 11.52 crore non-convertible debentures II series.
  • Issued 96,00,000 bonus shares in 1:1 proportion.

1987

  • Progress on Nanjangud factory for instant coffee.

1988

  • Offered 19,35,360 12% convertible debentures with reservations and oversubscription.

1989

  • Allotted equity shares from debenture conversion, oversubscription, to employees and Nestle Holdings.
  • Changed name to Nestle India Ltd on March 24.

1990

  • Entered chocolate business with Nestle premium chocolates.

1991

  • Issued 10,00,000 14% NCD to Infrastructure Leasing on private placement.

1992

  • Issued 100,51,850 equity shares to NFPIL shareholders per amalgamation.

1993

  • Commissioned and expanded Samalkha factory for cereals.
  • Allotted equity shares to Nestle SA raising stake to 51%.
  • Issued bonus shares in 1:4 proportion.

1994

  • Launched Cerelac Soya, Milkmaid, Dessert Mixes, Maggi 1-2-3 noodles, Contadina dressing, chocolates, Bonus, Polo.

1995

  • Commenced Bicholim Goa factory construction.
  • Commissioned instant noodles factory at Samalkha.
  • Started Kit Kat manufacturing at Ponda Goa factory.
  • Commissioned Nanjangud factory for MILO.
  • Issued private placement debentures: 3M 16.5% series PP-2, 2.5k 17.5% series PP-2 and PP-3.
  • Allotted 32,138,572 bonus shares in 1:2 proportion.
  • Tied up with Indian Food Fermentations for dosa vada batter marketing.

1996

  • Launched MILO in South India.
  • Launched Maggi culinary products including Dosa Sambar mixes, pickles, soups.

1997

  • Raised Rs 50 crore via AAA-rated NCD issue.
  • Launched Allen's Splash confectionery.

1998

  • Nestle SA ordered international audit of Indian subsidiary.
  • Set up parallel distribution network.

1999

  • Set up special cold chain for product distribution.

2000

  • Announced entry into bottled water with Pure Life.
  • Launched Nestle Pure Milk in select cities.
  • Launched Perrier and San Pellegrino.
  • Launched Nescafe Gold and Nescafe Gold Decaffeinated.
  • Launched Fox confectionery gift packs.

2001

  • Launched Pure Life bottled water.
  • Nominated Rajendra S. Pawar to board effective October.

2002

  • Nestle Group increased holding to 53.27%.
  • Tied up with Nilgiris for co-branded dairy products.
  • Launched Acti-V throat lozenge.
  • Regained top coffee exporter position in India.

2003

  • Rolled out Nestle Development Nutrition Plan and launched CERELAC 123.
  • Nestle SA increased stake to 59.8% by purchasing 1.01 million shares.
  • Signed 100% buyback pact with Bengal Nestor's India Ltd for UHT milk and dairy products.

2004

  • Won Tetra Pak dairy and beverage industry award.
  • Signed Preity Zinta for Maggi ads.
  • Introduced Sweet Lassi in Delhi, Punjab, Haryana.
  • Signed Rani Mukherjee as Nestle Munch brand ambassador.

2005

  • Launched new Maggi variant.
  • Delisted from Delhi Stock Exchange effective July 15.

2006

  • Started Uttaranchal unit.

2007

  • Appointed Pradip Baijal as Non-Executive Director.

2008

  • Recommended final dividend of Rs 2.50 per equity share.

2009

  • Board approved acquisition of Healthcare Nutrition Business from Speciality Foods.

2010

  • Inaugurated new culinary plant at Nanjangud.
  • Signed India Pledge.

2011

  • Opened new plant in Karnataka investing Rs 360 crore.

2012

  • Celebrated 100 years with EPS of 100 Rupees.

2013

  • Reviewed General Licence Agreement with positive independent director feedback.
  • Acquired 26% stake in Indocon Agro and Allied Activities Private Limited.
  • Commenced exports of noodles and sauces from New Mangalore Port.

2014

  • Signed agreement with Magic Bus India Foundation.

2015

  • Resumed Maggi production in 3 states after safety tests.
  • Resumed manufacturing at Pantnagar Uttarakhand factory.
  • Resumed MAGGI manufacturing at Tahliwal HP unit.

2016

  • Launched NESTLE a+ GREKYO Yoghurt.
  • Reinforced environmental sustainability commitment.
  • Launched new MAGGI Noodles variants.
  • Launched NESTLE a+ PRO-GROW with 20% higher milk protein.
  • Launched NESCAFE Ready-to-Drink.

2017

  • CFTRI reports confirmed all MAGGI Noodles samples safe.
  • Re-launched MAGGI Vegetable Atta Noodles and MAGGI Oats Noodles.
  • Launched NESTLE a+ GREKYO Yoghurt.
  • Launched NESCAFE SUNRISE INSTA-FILTER.
  • Partnered with Alibaba for product marketing.
  • Introduced MAGGI noodle variants: HOT HEADS, No Onion No Garlic Masala, CUPPA Masala, CUPPA Chilly Chow, HOT HEADS CUPPA.
  • Launched CRUNCHILICIOUS MUNCH campaign featuring Shruti Haasan.
  • Partnered with Nanhi Kali for girl child education.
  • Updated packaging of MAGGI, NESCAFE, KITKAT for Nanhi Kali cause.
  • Launched NESCAFE Ready-to-Drink.

2018

  • Launched NESPLUS breakfast cereals.

2019

  • Launched MILO cocoa-malt beverage.
  • Introduced MAGGI Fusian Noodles range.

2020

  • Launched MAGGI Desh Ke Liye 2 Minute Ek Chhoti Si Koshish.
  • Ranked joint first in ATNI India Spotlight Index.

2022

  • Approved acquisition of Pet Foods Business from Purina Pet Care India Pvt. Ltd. effective October 1.
  • Introduced NestlMilk, Nestle Slim Milk, Nestle Dahi, and NestlJeera Raita.

2023

  • Launched Nestle a+ Masala Millet.

2024

  • Split face value from Rs. 10 to Rs. 1.
  • Unveiled Utha MUNCH, Dikha Crunch campaign.
  • Launched NESPRESSO.
  • Formed joint venture with Dr. Reddy’s for nutraceutical portfolio.
  • Won best industry product innovation award for mainstreaming millets.

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