FSSAI Quality Notice on Maggi Drags Nestle India Down 3%; KFC, Open Secret Also Flagged
FSSAI issued quality-concern notices to Nestle India over Maggi, a KFC outlet in Eluru, and Flipkart Minutes-sold Open Secret following complaints of insects and hygiene lapses. Nestle India shares slipped 3.26% to Rs 1,376. Companies must file Action Taken Reports, putting brand trust and shelf velocity at risk.
FSSAI issued quality-concern notices to Nestle India (Maggi), KFC outlet in Eluru, and Open Secret (sold via Flipkart Minutes) over alleged insects and hygiene issues. Nestle shares fell 3%. Companies must submit Action Taken Reports.