NSEChange in Management21 Oct 2026 · 21 Oct 2026, 07:36 pm

Change in Management

Nestle India Limited · NESTLEIND

✦ AI SummaryMgmt Change

Nestle India Limited has informed the Exchange about Disclosure of nominations/changes in the Senior Management of the Company effective from 1st January 2027, subject to necessary approvals.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Nestle India Limited has informed the Exchange about Disclosure of nominations/ changes in the Senior Management of the Company effective from 1st January 2027, subject to necessary approvals

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Nestlé India Limited (CIN : L15202DL1959PLC003786) Nestlé House Jacaranda Marg, ‘M’ Block, DLF City, Phase – II Gurugram – 122002, Haryana Phone: 0124 - 3940000 E-mail: investor@in.nestle.com Website: www.nestle.in PKR:SG: 54:2026-27 21st October 2026 BSE Limited (BSE) National Stock Exchange of India Limited (NSE) Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C-1, Dalal Street, G Block, Bandra Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 BSE Scrip Code: 500790 NSE Symbol: NESTLEIND Subject: Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”): Disclosure of nominations/changes in the Senior Management of the Company Dear Madam/ Sir, In accordance with Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations, we hereby notify the following Senior Management nominations/changes pursuant to an internal re-organisation, with effect from 1st January 2027, subject to necessary approvals: 1. Mr. Vineet Singh, currently BEO – Nutrition and Dairy (Senior Management Personnel), will take up a new role with a Nestlé affiliate. Mr. Gopichandar Jagatheesan, currently BEO – Chocolates and Confectionery (Senior Management Personnel), has been nominated to succeed him as BEO – Nutrition and Dairy (Senior Management Personnel). 2. Ms. Mansi Khanna, currently Chief Operating Officer of Dr. Reddy's and Nestlé Health Science Limited (a joint venture entity), has been nominated to join the Company as BEO – Chocolates and Confectionery (Senior Management Personnel), succeeding Mr. Gopichandar Jagatheesan. Details in accordance with the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January 2026 is given in Annexure - I to this letter. The above is for your information and record. Thanking you, Yours truly, NESTLÉ INDIA LIMITED PRAMOD KUMAR RAI COMPANY SECRETARY AND COMPLIANCE OFFICER Encl.: as above Regd. Office: 100 / 101, World Trade Centre, Barakhamba Lane, New Delhi – 110 001 Nestlé India Limited (CIN : L15202DL1959PLC003786) Nestlé House Jacaranda Marg, ‘M’ Block, DLF City, Phase – II Gurugram – 122002, Haryana Phone: 0124 - 3940000 E-mail: investor@in.nestle.com Website: www.nestle.in Annexure - I Details as required in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026: S. Details of events that need to Information of such event(s) No. be provided Mr. Vineet Singh Mr. Gopichandar Jagatheesan Ms. Mansi Khanna (Senior Management (Senior Management Personnel) (Senior Management Personnel) Personnel) 1. Reason for change viz. Cessation Appointment Appointment appointment, re-appointment, resignation, removal, death or otherwise 2. Date of appointment/ 1st January 2027 1st January 2027 1st January 2027 re-appointment/ cessation (as applicable) & term of Term: As per the Company’s Term: As per the Company’s policy appointment/ re-appointment policy 3. Brief profile (in case of Not Applicable Mr. Gopichandar Jagatheesan, Ms. Mansi Khanna, joined Nestlé in appointment) joined Nestlé in the year 2008 the year 2017 as Category Marketing and currently serves as BEO - Manager – Chocolates & Chocolates and Confectionery. Confectionery, and went on to lead Prior to this role, he has worked the Dairy portfolio, steering brands across Nestlé group in the such as EveryDay, MILKMAID, Supply Chain, Sales, Chilled NESCAFÉ Ready-to-Drink and Dairy, Confectionery and MILO across portfolio management, Cereals Business. innovation and P&L. Mr. Gopichandar holds In January’2023, she took over as Bachelor of Engineering BEO – Nestlé Health Science and (Mechanical) degree from BITS led the team that structured the joint Pilani and a Post Graduate venture with Dr. Reddy's Diploma in Business Laboratories. In August’2024, she Management (Marketing) from became COO of the JV entity, the Indian Institute of leading Sales, Marketing and Management, Kozhikode, Commercial Excellence. bringing over 18 years of Ms. Mansi holds a Master of experience to his role. With his Business Administration (MBA) in extensive experience across Marketing from SP Jain Institute of Dairy, along with his varied Management & Research, bringing exposure across categories, over 20 years of experience to her equips him well to lead the role. Mansi's strong experience in Nutrition & Dairy business. Chocolates and Confectionery, her track record of building Nestlé brands in both Chocolates and Dairy equip her well to lead Chocolates and Confectionery business. 4. Disclosure of relationships Not Applicable Not Applicable Not Applicable between directors (in case of appointment of a director) Regd. Office: 100 / 101, World Trade Centre, Barakhamba Lane, New Delhi – 110 001