Nestlé India Limited informed that Mr. Sandeep Sethi ceased to be Head of Nestlé Business Services ("NBS") Division of the Company (Senior Management Personnel) with effect from close of business hours on 30th June 2024. The above movement is consequent upon transfer of NBS Division to Nestlé Business Services India Private Limited, a fellow subsidiary, with effect from 1st July 2024, as approved by the Board of Directors of the Company on 7th February 2024 and communicated to the stock exchanges vide letter no. PKR:SG: 13:24 dated 7th February 2024.