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Maggi stocks worth Rs.320 crore hit by ban

<p>Nestle India on Monday said stocks of Maggi noodles worth Rs.210 crore were being withdrawn from the market and destroyed even as another Rs.110 crore worth of finished and related material stocks remained at its factories and distribution centres</p>

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New Delhi: Nestle India on Monday said stocks of Maggi noodles worth Rs.210 crore were being withdrawn from the market and destroyed even as another Rs.110 crore worth of finished and related material stocks remained at its factories and distribution centres.

"These are broad estimates because it is impossible to calculate the final figure while the withdrawal is taking place," the company said in a filing with stock exchanges.

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