Nestle India To Seek Shareholder Nod Every Five Years On Royalty To Parent
Packets of Maggi 2-Minute Noodles and Xtra-delicious Magical Masala, both manufactured by Nestle India Ltd., are displayed for sale at a general store in Mumbai, India. (Photographer: Vivek Prakash/Bloomberg)  

Nestle India To Seek Shareholder Nod Every Five Years On Royalty To Parent

Nestle India Ltd. will seek shareholders’ approval on royalty to be paid to its Swiss parent every five years, dropping its plan to make the payout in perpetuity after proxy advisory firms and inve...
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