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Hindustan Unilever gets nod to acquire 14.3% stake in Lucro Plastecycle

21 Mar 2025 Evaluate

Hindustan Unilever (HUL) has received approval from Board of Directors for acquiring 14.3% stake in Lucro Plastecycle (Lucro). The Board of Directors of Hindustan Unilever at its meeting held on March 20, 2025 has approved the same. 

HUL’s investment is a step forward towards its sustainability goals to scale up the use of recycled flexibles content in packaging, in line with the Government’s vision of zero plastic waste future. The investment aims to strengthen plastic circularity by increasing the availability of recycled content for flexibles, providing a roadmap for businesses to move towards sustainable plastic packaging and address the challenge of hard-to-recycle flexible plastic.

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

Hindustan Unilever Share Price

2201.15 45.25 (2.10%)
16-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindustan Unilever 2201.15
Godrej Consumer Prod 1036.10
Dabur India 435.70
Colgate Palmol. (I) 2097.10
P&G Hygiene 9083.20
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