Hindustan Unilever Ltd.

Hindustan Unilever (HUL) is in advanced talks with Mosons Extractions to buy the Indulekha brand of hair care products, including an ayurvedic hair grooming oil and shampoo, for around Rs 500 crore. This deal will help the company to re-enter the market for hair grooming oils, as the company exited the business in 2006 by selling its coconut oil brand Nihar to Marico. Post deal, the company will buy all products under the Indulekha brand, including Bringha Ayurvedic Hair Oil, Bringha Selfie Bottle Hair Oil, Coconut Milk Shampoo, skin care oil, skin care cream and Acrot Natural Face Mask.

Hindustan Unilever (HUL) is India's largest Fast Moving Consumer Goods Company with a heritage of over 80 years in India and touches the lives of two out of three Indians. With over 35 brands spanning 20 distinct categories such as soaps, detergents, shampoos, skin care, toothpastes, deodorants, cosmetics, tea, coffee, packaged foods, ice cream, and water purifiers, the Company is a part of the everyday life of millions of consumers across India.