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Hindustan Unilever gets nod to hike royalty fees for parent company

20 Jan 2023 Evaluate

Hindustan Unilever (HUL) has received approval from board of directors to increase royalty and central services arrangement fee to its parent Unilever group for getting technology, trademark licenses and services. The new arrangement envisages increasing royalty and central services fees to 3.45 per cent of turnover in a staggered manner over a period of three years from 2.65 per cent in FY22. This arrangement is subject to appropriate regulatory approvals. The new arrangement envisages a staggered increase of 80 bps over a period of 3 years from 2.65 per cent to 3.45 per cent of turnover.

Initially, there will be a 45 bps increase in effective cost for February to December 2023; 25 bps further increase in effective cost for January to December 2024; 10 bps further increase in effective cost from January 2025. 

Hindustan Unilever is in the FMCG business comprising primarily of Home Care, Beauty & Personal Care and Foods & Refreshment segments.

Hindustan Unilever Share Price

2287.90 15.10 (0.66%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindustan Unilever 2287.90
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