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HUL gets nod to form new 100% subsidiary to leverage growth

25 Feb 2020 Evaluate

Hindustan Unilever (HUL) has received approval from its board to form a new 100% subsidiary of the company. This company will be incorporated with an authorised share capital of Rs 2000 crore.

This new subsidiary has been formed to leverage the growth opportunities in a fast-changing business environment and will help the company in becoming more agile and customer-focused.

HUL is India’s largest Fast Moving Consumer Goods Company with a heritage of over 80 years in India and touches the lives of nine out of ten Indian households.

Hindustan Unilever Share Price

2149.30 5.20 (0.24%)
10-Jul-2026 16:59 View Price Chart
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