Hindustan Unilever Ltd.

Hindustan Unilever (HUL) has completed the transaction for sale and transfer of its bread and bakery business under the brand ‘Modern’ to Nimman Foods (now known as Modern Food Enterprises), an investee company of the Everstone Group. Accordingly, the ‘Modern’ business stands transferred to Modern Food Enterprises. The company had earlier on September 08, 2015 entered into an agreement for the same.

HUL is India’s largest fast moving consumer goods company, with leadership in Home & Personal Care Products and Foods & Beverages. HUL's brands, spread across 20 distinct consumer categories, touch the lives of two out of three Indians.