Nestle India denies Maggi contamination claims as FSSAI probe drags stock down 3.29%
Nestle India rejected infestation allegations against Maggi, citing internal lab tests showing no contamination, and said it has yet to receive the complaint sample from FSSAI. Shares fell 3.29% to ₹1,375.70. Separately, FY26 royalty to Swiss parent rises 13.91% to ₹1,024.5 crore on 14.2% sales growth.
Nestle India rejected Maggi infestation allegations after FSSAI inquiry, citing lab tests showing no contamination. Stock fell 3.29%. Separately, FY26 royalty payments to Swiss parent rose 13.91% to ₹1,024.5 crore; sales grew 14.2%.