Hindustan Unilever Ltd.

Hindustan Unilever (HUL) has acquired 7500 equity shares of face value of Rs 10 each constituting 75% of the equity share capital of Bhavishya Alliance Child Nutrition Initiatives (Bhavishya Alliance), a Not for Profit Company.

The company was earlier holding an investment to the extent of 25% of the equity share capital of Bhavishya Alliance. Consequent to the acquisition of remaining 75% of the equity share capital, Bhavishya Alliance has become a wholly owned subsidiary of the company with effect from March 12, 2015.

Bhavishya Alliance was incorporated on October 03, 2010 as a Not for Profit Company to work in the areas of Social, Economical and Environmental issues.