 "Nestle India gains as Maggi clears laboratories test")
Nestle India has moved higher by 8% to Rs 6,675 on the BSE after the company said that the Maggi noodles are safe and 100% of samples tested by three laboratories are clear.
“We have received test results from all three laboratories mandated by the Hon’ble Bombay High Court to test Maggi noodles samples. All the 90 samples, covering 9 variants, tested by the laboratories are clear with lead much below the permissible limits,” Nestle India said in a press release.
Nestle India has conducted over 3500 tests representing over 200 million packs in both national as well as international accredited laboratories and all reports are clear, it added.
The company said it is committed to reintroduce Maggi noodles at the earliest.
“Nestle will continue to collaborate with the Food Safety and Standards Authority of India (FSSAI), the apex food regulator and other stakeholders. In compliance with the orders of the Hon’ble Bombay High Court, we will now commence manufacture and will start selling only after the newly manufactured products are also cleared by the designated three laboratories,” it added.
At 02:06 pm, the stock was up 7% at Rs 6,619 as compared to 0.10% fall in the Sensex. A combined 209,761 shares changed hands on the counter on the BSE and NSE.
“We have received test results from all three laboratories mandated by the Hon’ble Bombay High Court to test Maggi noodles samples. All the 90 samples, covering 9 variants, tested by the laboratories are clear with lead much below the permissible limits,” Nestle India said in a press release.
Nestle India has conducted over 3500 tests representing over 200 million packs in both national as well as international accredited laboratories and all reports are clear, it added.
The company said it is committed to reintroduce Maggi noodles at the earliest.
“Nestle will continue to collaborate with the Food Safety and Standards Authority of India (FSSAI), the apex food regulator and other stakeholders. In compliance with the orders of the Hon’ble Bombay High Court, we will now commence manufacture and will start selling only after the newly manufactured products are also cleared by the designated three laboratories,” it added.
At 02:06 pm, the stock was up 7% at Rs 6,619 as compared to 0.10% fall in the Sensex. A combined 209,761 shares changed hands on the counter on the BSE and NSE.
