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Nestle India, Zydus Wellness slide as regulator probes claims on children's products

BUZZ-Nestle India, Zydus Wellness slide as regulator probes claims on children's products

** Nestle India NEST.NS falls 2.7%, while Zydus Wellness ZYDS.NS declines 2% after India's food regulator issues notices over promotional claims for infant and children's products

** The regulator asks NEST to provide evidence supporting digestive and immune-health claims for its Lactogen Pro 1 Powder and NAN Excella Pro Stage 1 infant formula products

** Zydus Wellness is asked to scientifically justify claims for Complan, including the tagline "grow taller, faster. clinically proven 2X growth"

** NEST says the latest communication reiterates concerns raised on Sept 18 regarding product labels and adds it has already submitted a detailed response

** ZYDS did not respond to Reuters request for comment


(Reporting by Kashish Tandon in Bengaluru)

((Kashish.tandon@thomsonreuters.com))

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