VERIFIEDMint Markets·19 Sept 2026neutral

Nestle India issues clarification: Why FMCG stock plunged? What's FSSAI baby formula row; why it matters to consumers?

AI Summary

·FSSAI has initiated three adjudication cases against Nestle India concerning compliance issues with infant nutrition products.
·Nestle India stated that its products adhere to all relevant regulations.
·The company affirmed that all necessary disclosures were made to the stock exchanges in a timely manner.