Nestle India share price gains over 3% after shareholders vote against increase in royalty to Swiss parent
Nestle India's motion called for the payment of general licence fees (royalty) to Societe des Produits Nestle S.A. to be increased to 5.25% of net sales, net of taxes, compared to the current level of 4.5%.
DNA News Desk
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Nestle India's motion called for the payment of general licence fees (royalty) to Societe des Produits Nestle S.A. to be increased to 5.25% of net sales, net of taxes, compared to the current level of 4.5%.
