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Nestle India shareholders approve continuation of payment of royalty at existing rate to parent

Nestle India shareholders approve continuation of payment of royalty at existing rate to parent

Earlier in May this year, the shareholders of the company had rejected a proposal to increase payment of royalty to parent Société des Produits Nestlé S.A. (licensor) by 0.15% New Delhi: FMCG firm Nestle India on Monday said its shareholders have approved to continue paying royalty to its parent firm at the current rate of 4.5% […]

The post Nestle India shareholders approve continuation of payment of royalty at existing rate to parent appeared first on India Retailing.

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