Nestle India denies Maggi infestation claim after FSSAI notice; stock slides 3.3%
Nestle India rejected insect-infestation allegations on Maggi following an FSSAI inquiry, saying it has yet to receive the complaint sample and citing internal lab tests showing no contamination. Shares fell 3.29% to ₹1,375.70. Separately, FY26 royalty to Swiss parent rose 13.91% to ₹1,024.5 crore as sales grew 14.2% to ₹23,071.46 crore.
Nestle India rejected Maggi insect-infestation allegations after FSSAI inquiry, citing lab tests confirming no contamination. Stock fell 3.29%. Separately, FY26 royalty payments to Swiss parent rose 14% to ₹1,024.5 crore; sales grew 14.2% to ₹23,071 crore.
Why this matters
Follows BSE clarification request and FSSAI probe into alleged Maggi insect contamination, part of a broader regulatory sweep that also hit KFC and Flipkart on hygiene complaints.
Retail-company signals steady at 2,796 over the last 90 days.