18-Sept-2026 18:42:54
NESTLE INDIA LTD : CLARIFICATION ON NEWS ITEM
• The company clarifies that the news item dated 18th September 2026 on moneycontrol.com quoting "FSSAI initiates legal action against Nestle India on baby formula, shares fall 2%” is factually incorrect. • Nestlé India stated that its products, NAN EXCELLA PRO & LACTOGEN PRO, and their labels were approved by the FSSAI expert committee. • The company has submitted a detailed response to the authorities regarding statements on labels, which are factual and supported by scientific literature. • Nestlé India confirmed adherence to all regulations and label declarations as per applicable laws. • The material impact of the article on the company is stated as None. Impact: Neutral (Company clarifies a news report stating its products are compliant and FSSAI approved.)
Nestle India Limited
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