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Hindustan Unilever Ltd

HINDUSTAN UNILEVER LTD NEWS

HUL buys Minimalist for Rs 2,955 crore, okays ice-cream unit demerger

January 23, 2025 11:10 am

As part of the scheme, one equity share of KWIL will be allotted for every one equity share held in HUL. After the demerger and listing of KWIL, the entire shareholding of KWIL will be held directly by shareholders of HUL.

Hindustan Unilever Ltd profit declines 3.86% in Q2, to pay Rs 29 dividend

October 24, 2024 8:35 am

Foods & refreshment business declined 2 per cent with a low-single digit volume decline, HUL said.

HUL Q4 net drops 5.72%; hopeful of monsoon-led demand revival

April 25, 2024 12:16 am

The board has recommended a final dividend of Rs 24 for the financial year ended March 2024 on equity shares of Re one each. It had earlier paid an interim dividend of Rs 18 per share.

HUL appoints former revenue secy as independent director, makes key management changes

December 01, 2023 9:57 pm

The newly-elected independent director was a 1988-batch Indian Administrative Service officer of the Haryana cadre.

Hindustan Unilever to partner Brookfield for 45 MW solar energy park

December 01, 2023 9:09 pm

The project, which will help HUL move towards its net-zero target, will come up at the site of Brookfield’s solar park, the conglomerate said.

HUL sells Annapurna, Captain Cook brands

February 18, 2023 12:36 am

The deal envisages the transfer of trademarks, copyrights and other intellectual properties associated with India and several other geographies, it said. HUL will continue to manage the business until the completion of the transaction.

HUL’s Q3 net profit up 11.68% to Rs 2,505 cr

January 20, 2023 6:10 am

Sanjiv Mehta, CEO and MD, said: “Sustaining our strong momentum, we had yet another quarter of solid all-round performance delivering double-digit revenue and earnings growth. Our consistent performance is reflective of our strategic clarity, strength of our brands, excellence in execution, and dynamic financial management.”

HUL Q2 profit up 22 pc, volume growth of 4 pc

October 23, 2022 8:44 am

HUL declared an interim dividend of Rs 17 per equity share of face value of Re 1 each.

Hindustan Unilever Q4 net rises 8.5%

April 28, 2022 12:18 am

‘In challenging circumstances, we have grown competitively and protected our business model by maintaining margins in a healthy range. I am also pleased that we have become a Rs 50,000 crore turnover company in this fiscal,” CEO & MD Sanjiv Mehta said.

HUL splits CMD post, Nitin Paranjpe is non-executive chairman

February 25, 2022 12:42 am

Sanjiv Mehta, who was earlier chairman and MD, will continue as MD and CEO. On February 15, the Securities and Exchange Board of India (Sebi) made the splitting of the post of chairman and managing director (CMD) voluntary.

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