Epic Research

Monday, March 25, 2013

Epic Update : Nestle India

Epic Update Nestle IndiaIncreases royalty rate at 0.2 percent every year from 3.5 percent to 4.5 percent
Royalty rate hike staggered over 5 years starting 2014
Nestle India says:
Only independent directors voted on royalty resolution
Executive directors recused from royalty resolution vote.

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