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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 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street , Fort , Mumbai - 400 001 BM : PKR : 29 : 21 Nestle 個 Good Food , Good Life 28.07.2021 Subject : Scrip Code - 500790 I ) Regulation 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 ( " Listing Regulations " ) - Unaudited Financial Results for the quarter and half year ended 30th June 2021 II ) Regulation 30 of the Listing Regulations - Proposed Scheme of Arrangement for the transfer of balance of General Reserve to the Retained Earnings ; and III ) In - principle approval to disinvest minority stake of 19.98 % in Sahyadri Agro and Dairy Private Limited ( formerly Indocon Agro and Allied Activities Pvt Ltd. ) [ ' Sahyadri ' ] Dear Sir / Madam I ) Unaudited Financial Results for the quarter and half year ended 30th June 2021 Please find enclosed following : a ) Unaudited Financial Results of the Company for the quarter and half year ended 30th June 2021 approved by the Board of Directors at their meeting held today alongwith the Limited Review Report of M / s . B SR & Co. LLP , Chartered Accountants , the Statutory Auditors of the Company ; b ) Unaudited Financial Results of the Company being published in the Newspapers ; and c ) Press Release relating to the Unaudited Financial Results for the quarter and half year ended 30th June 2021 . The Unaudited Financial Results shall be published in newspapers . The same is also being uploaded on the Company's website . II ) Scheme of Arrangement for the transfer of balance of General Reserve to the Retained Earnings The Board of Directors , in its meeting held today , has considered and approved a Scheme of Arrangement between the Company and its Members under Section 230 of the Companies Act , 2013 , as amended ( the “ Act ” ) read with other applicable provisions of the Act and rules thereunder ( the " Scheme " ) , which envisages the transfer of the entire balance of Rs . 8,374.3 Million standing to the credit of the General Reserves to Retained Earnings . The Scheme , under the relevant Section ( s ) of the Act , is subject to the approval of the shareholders and such other class of persons as directed by the Hon'ble NCLT Delhi Bench , sanction of the Hon'ble NCLT Delhi Bench and such other approvals as are prescribed ( including clearances / approval / comments from the BSE Limited ( " BSE " ) ( and comments from the Securities and Exchange Board of India ( if any ) via BSE ) . The approval by the Board of Directors is the first step to proceed with the requisite formalities . Immediately upon filing , the draft Scheme with all supporting documents filed with BSE Limited , shall be disclosed on the Company's website www.nestle.in in accordance with provisions of applicable law . Upon the Scheme becoming effective and with effect from 1st January 2022 ( the Appointed Date ) , the entire amount of Rs . 8,374.3 Million standing to the credit of the General Reserves of the Company shall be reclassified and credited to the ' Retained Earnings ' of the Company , and constitute accumulated profits of the Company for the previous financial years , arrived at after providing for depreciation in accordance with the provisions of the Act and remaining undistributed in the manner provided in the Act and other applicable laws . It is clarified that the amount so transferred shall be available for utilisation by the Company for payout to the Members in accordance with the terms of the Scheme . Bomurl Regd . Office : 100/101 , World Trade Centre , Barakhamba Lane , New Deli - 1/2