Nestlé India Limited has successfully concluded its postal ballot process, with shareholders approving three key director appointments through remote e-voting. The voting period concluded on 13th March 2026, marking significant leadership additions to the company's board structure.

Postal Ballot Overview

The postal ballot was conducted under Regulations 30 and 44 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The process involved 508511 total shareholders as of the record date of 6th February 2026, with voting conducted exclusively through NSDL's remote e-voting platform.

Director Appointments Approved

Shareholders approved three ordinary resolutions for director appointments, each receiving overwhelming support with approval rates exceeding 99%.

Resolution 1: Non-Executive Director

The appointment of Mr. Mandeep Singh Chhatwal (DIN: 11387157) as Non-Executive Director effective 1st January 2026 was approved with 99.92% votes in favour.

Resolution 2: Chief Financial Officer

Mr. Edouard Dominique Jean Mac Nab (DIN: 11511070) was appointed as Whole-time Director and Executive Director – Finance & Control and Chief Financial Officer for five years from 1st March 2026 to 28th February 2031, with 99.49% approval.

Resolution 3: Technical Director

The appointment of Mr. Jagdeep Singh Marahar (DIN: 09121056) as Whole-time Director and Executive Director – Technical for five years from 1st June 2026 to 31st May 2031 received 99.43% approval.

Voting Process and Compliance

The postal ballot was conducted through NSDL's remote e-voting facility, with the voting period commencing on 12th February 2026 at 9:00 AM and concluding on 13th March 2026 at 5:00 PM. Abhinav Khosla of SCV & Co. LLP served as the scrutinizer, appointed by the board on 30th January 2026.

The company dispatched notices electronically to shareholders whose email addresses were registered with the company or depository participants. Public notices were published in Financial Express and Jansatta newspapers on 12th February 2026 to ensure broad communication of the voting process.

All three resolutions were deemed passed on 13th March 2026 after the conclusion of the voting period, with the results being uploaded on the company's website and NSDL's e-voting portal for transparency and regulatory compliance.

Nestlé India Limited has announced significant changes in its senior management structure, with the transition taking effect from April 1, 2026. The company disclosed these changes in compliance with Regulation 30 and Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Leadership Transition Details

The management changes involve two key personnel in the IS/IT & Nestlé Business Excellence division:

Profile of Incoming Executive

Mr. Prateek Tripathi, aged 45 years, brings extensive experience to his new role as Head - IS/IT & Nestlé Business Excellence. His professional background includes:

Key Contributions and Expertise

Since joining Nestlé in 2019, Mr. Tripathi has demonstrated significant growth within the organization. He has rapidly advanced from Data Analytics Manager to becoming the driving force behind Analytics and Data Integration in the South Asia Region. His key contributions include:

• Enforcing compliance with data governance policies and processes
• Identifying optimization opportunities across Zone AOA
• Leading analytics and data integration initiatives in South Asia Region

The company noted that with his extensive expertise and significant contributions to the Nestlé group, Mr. Tripathi is well positioned to lead the IT function of the company.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 and Para A of Part A of Schedule III of the Listing Regulations, following SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The announcement was signed by Pramod Kumar Rai, Company Secretary and Compliance Officer, on March 6, 2026.

This leadership transition reflects Nestlé India's commitment to strengthening its technology and business excellence functions while ensuring continuity in its operations.