Integrated Filing-Governance



General information about company

Scrip Code 500790
NSE Symbol NESTLEIND
MSEI Symbol NOTLISTED
ISIN INE239A01024
Name of the entity Nestle India Limited
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Reporting Quarter Yearly
Date of Quarter Ending 31-Mar-2026
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No
Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity There are no instance of acquisition of shares or voting rights in unlisted company in the reporting period.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? Yes
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? Yes
Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? Yes
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 100 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID N00086
Reason For No SCORE ID
Type of Submission New
Remarks (website dissemination)



Annexure I
Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO Yes Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. Manish Tiwary 02572830 Executive Director Chairperson MD 28-Nov-1969 No Active NA 01-Aug-2025 1 0 1 0
2 Ms. Svetlana Boldina 10044338 Executive Director Not Applicable 09-Jun-1971 No Active NA 01-Mar-2023 31-Jan-2026 0 0 0 0 Others
3 Mr. Edouard Dominique Jean Mac Nab 11511070 Executive Director Not Applicable 30-Jun-1971 No Active NA 01-Mar-2026 1 0 1 0
4 Mr. Satish Srinivasan 10173407 Executive Director Not Applicable 29-Dec-1964 No Active NA 01-Jul-2023 1 0 0 0
5 Mr. Prathivadibhayankara Rajagopalan Ramesh 01915274 Non-Executive - Independent Director Not Applicable 17-Jan-1955 No Active NA 01-Jul-2020 01-Jul-2025 69 7 7 8 5
6 Ms. Anjali Bansal 00207746 Non-Executive - Independent Director Not Applicable 25-Feb-1971 No Active NA 01-May-2022 01-May-2022 47 4 4 4 0
7 Ms. Alpana Parida 06796621 Non-Executive - Independent Director Not Applicable 22-Jan-1963 No Active NA 01-Jun-2022 01-Jun-2022 46 2 2 4 2
8 Ms. Suneeta Reddy 00001873 Non-Executive - Independent Director Not Applicable 03-Apr-1959 No Active NA 05-Apr-2024 05-Apr-2024 23.26 4 1 2 0
9 Mr. Sidharth Kumar Birla 00004213 Non-Executive - Independent Director Not Applicable 17-Jul-1957 No Active NA 12-Jun-2024 12-Jun-2024 21.19 3 2 3 0
10 Mr. Mandeep Singh Chhatwal 11387157 Non-Executive - Non Independent Director Not Applicable 18-Jun-1966 No Active NA 01-Jan-2026 1 0 0 0



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory



Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 01915274 Prathivadibhayankara Rajagopalan Ramesh Non-Executive - Independent Director Chairperson 01-Jul-2020
2 06796621 Alpana Parida Non-Executive - Independent Director Member 01-Jun-2022
3 00207746 Anjali Bansal Non-Executive - Independent Director Member 05-Apr-2024
4 00004213 Sidharth Kumar Birla Non-Executive - Independent Director Member 12-Jun-2024



Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00207746 Anjali Bansal Non-Executive - Independent Director Chairperson 01-May-2022 Textual Information(1)
2 01915274 Prathivadibhayankara Rajagopalan Ramesh Non-Executive - Independent Director Member 01-Jul-2020
3 06796621 Alpana Parida Non-Executive - Independent Director Member 05-Apr-2024
4 00004213 Sidharth Kumar Birla Non-Executive - Independent Director Member 12-Jun-2024

Text Block
Textual Information(1) Ms. Anjali Bansal was appointed as member of Nomination and Remuneration Committee (NRC) w.e.f. 1st May 2022 and designated as Chairperson of the NRC effective from 13th May 2024.






Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 06796621 Alpana Parida Non-Executive - Independent Director Chairperson 01-Jun-2022 Textual Information(1)
2 02572830 Manish Tiwary Executive Director Member 01-Aug-2025
3 10044338 Svetlana Boldina Executive Director Member 01-Mar-2023 31-Jan-2026
4 11511070 Edouard Dominique Jean Mac Nab Executive Director Member 01-Mar-2026
5 00004213 Sidharth Kumar Birla Non-Executive - Independent Director Member 12-Jun-2024



Text Block
Textual Information(1) Ms. Alpana Parida was appointed as member of Stakeholders Relationship Committee (SRC) w.e.f. 1st June 2022 and designated as Chairperson of the SRC effective from 13th May 2024.



Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00004213 Sidharth Kumar Birla ID Chairperson 01-Apr-2025 Textual Information(1)
2 02572830 Manish Tiwary ED Member 01-Aug-2025
3 01915274 Prathivadibhayankara Rajagopalan Ramesh ID Member 20-Apr-2021
4 00207746 Anjali Bansal ID Member 01-May-2022
5 00001873 Suneeta Reddy ID Member 05-Apr-2024



Text Block
Textual Information(1) Mr. Sidharth Kumar Birla was appointed as a Member and Chairperson of Risk Management and Sustainability Initiatives Committee w.e.f. 1st April 2025.



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 16-Oct-2025 Yes 8 8 5
2 30-Jan-2026 105 Yes 9 9 5



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory No meeting of Stakeholders Relationship Committee was held during the quarter ended 31st March 2026. This entry relates to the meeting of Risk Management and Sustainability Initiatives Committee held on 30th January 2026, hence maximum gap of 106 days in this entry is invalid.
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 15-Oct-2025 Yes 4 4 4 0
2 Audit Committee 30-Jan-2026 106 Yes 4 4 4 0
3 Nomination and remuneration committee 15-Oct-2025 Yes 4 4 4 0
4 Nomination and remuneration committee 30-Jan-2026 106 Yes 4 4 4 0
5 Stakeholders Relationship Committee 15-Oct-2025 Yes 4 4 2 0
6 Risk Management Committee 30-Jan-2026 106 No meeting of Stakeholders Relationship Committee was held during the quarter ended 31st March 2026. This entry relates to the meeting of Risk Management and Sustainability Initiatives Committee held on 30th January 2026, hence maximum gap of 106 days in this entry is invalid. Yes 5 5 4 0



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee Yes
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee Yes
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee Yes
5 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) Yes
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here:



Annexure 1
Sr Subject Compliance status
1 Name of signatory Pramod Kumar Rai
2 Designation Company Secretary and Compliance Officer



Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter No
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr Date of the event Brief details of the event



Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)
I. Disclosure on website in terms of LODR Regulation
Sr Item Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here. Web address
1.1 Details of business Yes https://www.nestle.in/brands
1.2 Memorandum of Association and Articles of Association Yes https://www.nestle.in/investors/sebi_lodr
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://www.nestle.in/about-us/our-leadership-team
2 Terms and conditions of appointment of independent directors Yes https://www.nestle.in/about-us/our-leadership-team
3 Composition of various committees of board of directors Yes https://www.nestle.in/about-us/our-leadership-team
4 Code of conduct of board of directors and senior management personnel Yes https://www.nestle.in/investors/policies
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://www.nestle.in/investors/policies
6 Criteria of making payments to non-executive directors Yes https://www.nestle.in/investors/policies
7 Policy on dealing with related party transactions Yes https://www.nestle.in/investors/policies
8 Policy for determining material subsidiaries NA
9 Details of familiarization programmes imparted to independent directors Yes https://www.nestle.in/about-us/our-leadership-team
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes https://www.nestle.in/investors/investorservices
11 Email address for grievance redressal and other relevant details Yes https://www.nestle.in/investors/investorservices
12 Financial results Yes https://www.nestle.in/investors/stockandfinancials/financialresults
13 Shareholding pattern Yes https://www.nestle.in/investors/stockandfinancials/shareholdingpattern
14 Details of agreements entered into with the media companies and/or their associates NA
15.1 Schedule of analyst or institutional investor meet and presentation prepared by listed entity for analyst or institutional investor meet Yes https://www.nestle.in/investors/analystsmeet
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls Yes https://www.nestle.in/investors/analystsmeet
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://www.nestle.in/investors/stockandfinancials/financialresults
18 Credit rating or revision in credit rating obtained Yes https://www.nestle.in/investors/stockandfinancials/credit-rating
19 Separate audited financial statements of each subsidiary of the listed entity NA
20 Secretarial compliance report Yes https://www.nestle.in/investors/stockandfinancials/secretarial-compliance-report
21 Materiality policy as per regulation 30 (4) Yes https://www.nestle.in/investors/policies
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes https://www.nestle.in/investors/investorservices
23 Disclosures under regulation 30(8) Yes https://www.nestle.in/media/specialannouncements
24 Statements of deviation(s) or variations(s) as specified in regulation 32 NA
25 Dividend distribution policy as specified in regulation 43A (1) Yes https://www.nestle.in/investors/policies
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://www.nestle.in/investors/stockandfinancials/annualreturns
26.2 Employee benefit scheme documents framed in terms of SEBI (SBEB) regulations 2021
27 Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) Yes https://www.nestle.in/investors/sebi_lodr
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes https://www.nestle.in
29 Disclosure of notes on website in terms of Listing Regulations explanatory


Annexure II
II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here.
1 Independent director(s) have been appointed in terms of specified criteria of independence and/or eligibility 16(1)(b) Yes
2 Board Composition 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) Yes
3 Meeting Of Board Of Directors 17(2) Yes
4 Quorum of board meeting 17(2A) Yes
5 Review of Compliance Reports 17(3) Yes
6 Plans for orderly succession for appointments 17(4) Yes
7 Code of Conduct 17(5) Yes
8 Fees/compensation 17(6) Yes
9 Minimum Information 17(7) Yes
10 Compliance Certificate 17(8) Yes
11 Risk Assessment & Management 17(9) Yes
12 Performance Evaluation of Independent Directors 17(10) Yes
13 Recommendation of Board 17(11) Yes
14 Maximum number of Directorships 17A Yes
15 Composition of Audit Committee 18(1) Yes
16 Meeting of Audit Committee 18(2) Yes
17 Role of Audit Committee and information to be reviewed by the audit committee 18(3) Yes
18 Composition of nomination & remuneration committee 19(1) & (2) Yes
19 Quorum of Nomination and Remuneration Committee meeting 19(2A) Yes
20 Meeting of Nomination and Remuneration Committee 19(3A) Yes
21 Role of Nomination and Remuneration Committee 19(4) Yes
22 Composition of Stakeholder Relationship Committee 20(1), 20(2) & 20(2A) Yes
23 Meeting of Stakeholders Relationship Committee 20(3A) Yes
24 Role of Stakeholders Relationship Committee 20(4) Yes
25 Composition and role of risk management committee 21(1),(2),(3),(4) Yes
26 Meeting of Risk Management Committee 21(3A) Yes
27 Quorum of Risk Management Committee meeting 21(3B) Yes
28 Gap between the meetings of the Risk Management Committee 21(3C) Yes
29 Vigil Mechanism 22 Yes
30 Policy for related party Transaction 23(1), (1A), (5), (6), & (8) Yes
31 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) Yes
32 Approval for material related party transactions 23(4) Yes
33 Disclosure of related party transactions on consolidated basis 23(9) Yes
34 Composition of Board of Directors of unlisted material Subsidiary 24(1) NA
35 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) NA
36 Alternate Director to Independent Director 25(1) NA
37 Maximum Tenure 25(2) Yes
38 Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism 25(2A) Yes
39 Meeting of independent directors 25(3) & (4) Yes
40 Familiarization of independent directors 25(7) Yes
41 Declaration from Independent Director 25(8) & (9) Yes
42 Directors and Officers insurance 25(10) Yes
43 Confirmation with respect to appointment of Independent Directors who resigned from the listed entity 25(11) NA
44 Memberships in Committees 26(1) Yes
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes
46 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes
47 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) NA
48 Vacancies in respect Key Managerial Personnel 26A(1) & 26A(2), 26A(3) NA
Any other information to be provided - Add Notes



Annexure II
III. Affirmations
Sr Particulars Compliance status (Yes/No/NA)
1 The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied NA
Any other information to be provided



Annexure II
1 Name of signatory Pramod Kumar Rai
2 Designation Company Secretary and Compliance Officer



Additional Half yearly Disclosure
Any Other Information for Disclosure of Loans / Guarantees / Comfort Letters / Securities Etc. Company has not given any loans/ debt/ guarantee/ comfort letter/ security during the financial year ended on 31st March 2026 and no such loans/ debt/ guarantee/ comfort letter/ security is outstanding as on 31st March 2026.
I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
Entity Aggregate amount advanced during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them 0 0
Promoter Group or any other entity controlled by them 0 0
Directors (including relatives) or any other entity controlled by them 0 0
KMPs or any other entity controlled by them 0 0
(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity Type (guarantee, comfort letter etc.) Aggregate amount of issuance during six months Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them NA 0 0
Promoter Group or any other entity controlled by them NA 0 0
Directors (including relatives) or any other entity controlled by them NA 0 0
KMPs or any other entity controlled by them NA 0 0
(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity Type of security (cash, shares etc.) Aggregate value of security provided during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them NA 0 0
Promoter Group or any other entity controlled by them NA 0 0
Directors (including relatives) or any other entity controlled by them NA 0 0
KMPs or any other entity controlled by them NA 0 0
(D) Additional Information
II. Affirmations
Affirmations Compliance Status Company Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company. Yes
Name EDOUARD DOMINIQUE JEAN MAC NAB
Designation Chief Financial Officer
Place GURUGRAM
Date 20-Apr-2026



Signatory Details
Name of signatory Pramod Kumar Rai
Designation of person Company Secretary and Compliance Officer
Place Gurugram
Date 20-Apr-2026


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 3
No. of investor complaints disposed off during the Quarter 3
No. of investor complaints those remaining unresolved at the end of the Quarter 0


Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies-
The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr. No. Name of the unlisted company in which shares or voting rights have been acquired Date of acquisition Aggregate holding (% shares or voting rights) as at the end of the previous quarter % shares or voting rights acquired during the quarter Aggregate holding (% shares or voting rights) as at the end of the quarter


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
1 Adjudicating Officer cum Additional District Magistrate Vadakara Order for violation of Sec 26 (2) (ii) r.w Sec 52 of the FSS Act, 2006 10-Feb-2026 As per the Order, the product MILKMAID has been held to be misbranded and penalty of Rs.18,000/- has been imposed. There is no material impact on financials, operations or other activities of the Company on account of the said order. The Order is appealable, and the Company will file an appeal against said Order within the prescribed time period.
2 Adjudicating Officer cum Additional District Magistrate Champawat Order for violation of Sec 26 (2) (ii) r.w Sec 52 of the FSS Act, 2006 28-Mar-2026 As per the Order, the product EDDW has been held to be substandard and penalty of Rs.25,000/- has been imposed. There is no material impact on financials, operations or other activities of the Company on account of the said order. The Company shall be filing a review before the Court.
3 Adjudicating Officer cum Additional District Magistrate Churu Order for violation of Sec 26 (2) (ii) r.w Sec 52 of the FSS Act, 2006 30-Mar-2026 As per the Order, the product MAGGI has been held to be substandard and misbranded and penalty of Rs.10,000/- has been imposed. There is no material impact on financials, operations or other activities of the Company on account of the said order. The Order is appealable, and the Company will file an appeal against said Order within the prescribed time period.
4 Adjudicating Officer cum Additional District Magistrate Churu Order for violation of Sec 26 (2) (ii) r.w Sec 52 of the FSS Act, 2006 30-Mar-2026 As per the Order, the product MAGGI has been held to be substandard and misbranded and penalty of Rs.10,000/- has been imposed. There is no material impact on financials, operations or other activities of the Company on account of the said order. The Order is appealable, and the Company will file an appeal against said Order within the prescribed time period.
5 Adjudicating Officer cum Additional District Magistrate Churu Order for violation of Sec 26 (2) (ii) r.w Sec 52 of the FSS Act, 2006 30-Mar-2026 As per the Order, the product MAGGI has been held to be substandard and misbranded and penalty of Rs.10,000/- has been imposed. There is no material impact on financials, operations or other activities of the Company on account of the said order. The Order is appealable, and the Company will file an appeal against said Order within the prescribed time period.
6 Adjudicating Officer cum Additional District Magistrate Churu Order for violation of Sec 26 (2) (ii) r.w Sec 52 of the FSS Act, 2006 30-Mar-2026 As per the order, the product MAGGI has been held to be substandard and misbranded and penalty of Rs.10,000/- has been imposed. There is no material impact on financials, operations or other activities of the Company on account of the said order. The Order is appealable, and the Company will file an appeal against said Order within the prescribed time period.
7 Adjudicating Officer cum Additional District Magistrate Churu Order for violation of Sec 26 (2) (ii) r.w Sec 52 of the FSS Act, 2006 30-Mar-2026 As per the order, the product MAGGI has been held to be substandard and misbranded and penalty of Rs.10,000/- has been imposed. There is no material impact on financials, operations or other activities of the Company on account of the said order. The Order is appealable, and the Company will file an appeal against said Order within the prescribed time period.
8 Adjudicating Officer cum Additional District Magistrate Churu Order for violation of Sec 26 (2) (ii) r.w Sec 52 of the FSS Act, 2006 30-Mar-2026 As per the order, the product MAGGI has been held to be substandard and misbranded and penalty of Rs.10,000/- has been imposed. There is no material impact on financials, operations or other activities of the Company on account of the said order. The Order is appealable, and the Company will file an appeal against said Order within the prescribed time period.
9 Adjudicating Officer cum Additional District Magistrate Churu Order for violation of Sec 26 (2) (ii) r.w Sec 52 of the FSS Act, 2006 30-Mar-2026 As per the order, the product MAGGI has been held to be substandard and misbranded and penalty of Rs.10,000/- has been imposed. There is no material impact on financials, operations or other activities of the Company on account of the said order. The Order is appealable, and the Company will file an appeal against said Order within the prescribed time period.
10 Office of the Assistant Commissioner of Central Tax, Mysuru Rural Division, GST Bhavan, Vinaya Marga, Siddhartha Nagar, Mysuru - 570011 Order for violation of Section 122(3) of the CGST Act, 2017 read with Karnataka GST Act, 2017 30-Mar-2026 As per the Order, the Company was alleged to have aided in misclassification of co-packing services leading to change in GST rate and imposed a penalty of Rs. 50,000/-. There is no material impact on the financial, operations or other activities of the Company quantifiable in monetary terms. The Order is appealable, and the Company will file an appeal against said Order within the prescribed time period.
11 Office of the Assistant Commissioner of Central Tax, Vijayanagar Division, GST Bhavan, Vinaya Marga, Siddhartha Nagar, Mysuru - 570011 Order for violation of Section 122(3) of the CGST Act, 2017 read with Karnataka GST Act, 2017 31-Mar-2026 As per the Order, the Company was alleged to have aided in misclassification of co-packing services leading to change in GST rate and imposed a penalty of Rs. 50,000/-. There is no material impact on the financial, operations or other activities of the Company quantifiable in monetary terms. The Order is appealable, and the Company will file an appeal against said Order within the prescribed time period.


Disclosure of Updates to Ongoing Tax Litigations or Disputes
The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute
1 Director General of Anti-profiteering, Central Board of Indirect taxes & Customs 10-Dec-2019 Anti-profiteering law was introduced vide section 171 of Central Goods and Services Tax Act, 2017, whereby any reduction in output rate of tax or the benefit of input tax credit shall be passed on to the recipient by way of commensurate reduction in prices. On 10th December 2019 the National Anti-Profiteering Authority (NAA) had passed an order holding the Company liable for profiteering and raising a demand along with interest. The Company had challenged the said order of the NAA before the Hon'ble Delhi High Court (HC). Hon'ble HC had vide its order dated 27th January 2020 granted interim stay on the said order. The Company had provisionally deposited Rs. 16.58 Crore. In 2024, the High Court Delhi upheld the constitutional validity of Section 171 (anti profiteering provision). The aggregate amount under the litigation as on date is Rs. 89.73 Crore. (Interim stay order from High Court Delhi: 27th January 2020. High Court Order dated 29th January 2020) The matter is pending before High Court on facts and merits of the case. Simultaneously, an appeal has been filed before Supreme Court and same is pending against the HC order on question of law. No change
2 Additional Commissioner, Office of the Principal Commissioner, Central Goods & Services Tax & Central Excise Commissionerate Chandigarh 31-Dec-2023 There was a Supreme Court judgement in year 2022 which laid down the principle that GST is payable on all type of secondment arrangement. Department raised demand basis the Supreme Court Judgment. The demand was paid in entirety before issuance of Show cause notice. However, the department raised the SCN with entire demand along with interest and penalty. The adjudicating authority confirmed the said demand without appropriating the tax payment already made. The Company filed writ petition before P&H High Court. The High Court granted stay on the demand. The aggregate amount under the litigation as on date is Rs. 51.05 Crore. (Interim Stay order from Punjab & Haryana High Court: 20th March 2024). The final hearings in the matter are concluded during October- December 2024. The High court disposed of the petition and since the matter is pending before Hon'ble Supreme Court, the interim order passed in the present case, would continue to operate and would be governed by the final adjudication by the Supreme Court on the issues in the said SPL-4240-2025. No change
3 Income Tax Department/ Assessing Officer 30-Mar-2000 General Licensing fees (royalty) : Disallowance(s) from financial years 1996 - 97 to 2017 -18. The income-tax authorities vide various orders have contended that payments of royalty during the aforesaid financial years were excessive and unreasonable. The Company had appealed against the orders. The matter has been decided in favor of the Company up to the level of Hon'ble Delhi High Court. However, the income tax authorities have preferred an appeal against the order of the Hon'ble Delhi High Court. The issue is pending before the Hon'ble Supreme Court of India. Date of initiation of dispute is different for different years. In the column date of intiation of litigation/ dispute we have mentioned the date of assessment order pertaining to first year when the disupute was raised. Quantum of claim(s), if any : The aggregate amount under the litigation as on 30th June 2023 is Rs. 904.20 Crore. The issues where timeline for filing appeal before HC/ SC has, by the department, expired, amounts under dispute have been reduced to that extent. Quantum of claim(s), if any : The aggregate amount under the litigation as on 31st March'25 is Rs. 629.7 Crore. By order dated 13 January 2026 (received by the company on 21 January 2026), the appeals for FY 1996 – 1998, 1999 – 2001 and 2004 – 2008. have been dismissed as withdrawn, at the Hon’ble Supreme Court level. The aggregate amount under the litigation was Rs. 101.21 Crore. For FY 2021-22 the issue was continued by the Tax Department (pending at ITAT as on 31.03.2026). Quantum of claim(s), if any : The aggregate amount under the litigation as on 31st Mar'26 is Rs. 624.91 Crore
4 Income Tax Department/ Assessing Officer 30-Apr-2021 General Licensing fees (royalty) - Transfer Pricing Assessment Orders for the financial years from 2015-16 to 2017-18. The income-tax authorities vide various orders have contended that royalty paid by the Company during the aforesaid financial years were excessive and unreasonable. The Company has appealed against the orders. The issue is pending before the Income Tax Appellate Tribunal (ITAT). Date of initiation of dispute is different for different years. In the column date of intiation of litigation/ dispute we have mentioned the date of assessment order pertaining to first year when the disupute was raised. Quantum of claim(s), if any : The aggregate amount under the litigation as on 30th June 2023 is Rs. 193.27 Crore. For FY 2019-20 and FY 2020-21 the issue was continued by the Tax Department (pending at ITAT as on 31.12.2024). Quantum of claim(s), if any : The aggregate amount under the litigation as on 31st Dec'24 is Rs. 421.67 Crore. For FY 2021-22 the issue was continued by the Tax Department (pending at ITAT as on 31.03.2026). Quantum of claim(s), if any : The aggregate amount under the litigation as on 31st Mar'26 is Rs. 536.94 Crore
5 Income Tax Department/ Assessing Officer 30-Apr-2021 Disallowance of expenditure of an exceptional item - MAGGI voluntary withdrawal related expenses during the year 2015 were disallowed by the income-tax authorities. The Company has appealed against the order. The appeal is pending before the ITAT. Date of initiation of dispute is different for different years. In the column date of intiation of litigation/ dispute we have mentioned the date of assessment order pertaining to first year when the disupute was raised. Quantum of claim(s), if any : The aggregate amount under the litigation as on 30th June 2023 is Rs. 166.34 Crore. No change