Key Developments: Hindustan Unilever Ltd (HLL.BO)

HLL.BO on Bombay Stock Exchange

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Latest Key Developments (Source: Significant Developments)

2,100 batches of Indian goods including those made by Hindustan Unilever Ltd fail to gain entry in US - Economic Times
Friday, 12 Jun 2015 08:00pm EDT 

Hindustan Unilever Ltd:Says US food and drug regulator has in the past one year rejected more than 2, 100 import batches of made in India products across food, personal care and health supplement categories, including those made by companies such as Hindustan Unilever- Economic Times.Says the reasons for rejection vary from minor labelling issues to products manufactured in unhygienic conditions to pesticides being above permissible limits, according to data put out by the US Food and Drug Administration (USFDA) on its website.Says most Indian companies say the items that have been rejected were shipped by unauthorised third-party importers.Companies say the items were made in plants that are not supposed to manufacture for the US market, and that in some cases they were even unaware that these batches have been denied entry.  Full Article

Hindustan Unilever Ltd to withdraw Knorr noodles pending FSSAI approval - Mint
Tuesday, 9 Jun 2015 08:00pm EDT 

Hindustan Unilever Ltd:Says it has stopped manufacturing and sale of the Chinese range of its Knorr instant noodles.Says its application submitted to Food Safety and Standards Authority of India (FSSAI) for product approval of Knorr Chinese range of instant noodles remains pending.  Full Article

Hindustan Unilever Ltd recommends final dividend
Friday, 8 May 2015 05:06am EDT 

Hindustan Unilever Ltd:Recommends final dividend of 9.00 Indian Rupees for the financial year ended March 31, 2015 on Equity Shares of 1 Indian Rupees each.The final dividend will be paid to the shareholders on or after July 03.  Full Article

Hindustan Unilever Ltd announces divestment of shareholding in Brooke Bond Real Estates Private Limited
Monday, 23 Mar 2015 04:57am EDT 

Hindustan Unilever Ltd:Divests it's entire shareholding in Brooke Bond Real Estates Private Limited (BBREPL), it's wholly owned subsidiary, in favour of M/s. Brigade Properties Private Limited, a subsidiary of M/s. Brigade Enterprises Limited.BBREPL ceases to be it's subsidiary with effect from March 23.  Full Article

Hindustan Unilever Ltd acquires further 75 pct of equity share capital in M/s. Bhavishya Alliance Child Nutrition Initiatives
Friday, 13 Mar 2015 08:32am EDT 

Hindustan Unilever Ltd:Has acquired 7500 equity shares of face value of 10 Indian rupees each (75 pct of equity share capital) of Bhavishya Alliance Child Nutrition Initiatives.Says it was earlier holding an investment to extent of 25 pct of equity share capital of Bhavishya Alliance Child Nutrition Initiatives.Consequent to acquisition of remaining 75 pct of equity share capital, Bhavishya Alliance has become a wholly owned subsidiary of Hindustan Unilever Limited with effect from March 12.  Full Article

Hindustan Unilever Ltd settles case with Sebi-Business Standard
Monday, 12 Jan 2015 07:46am EST 

Hindustan Unilever Ltd:Ettled a case related to alleged non-compliance of takeover norms with capital markets regulator Sebi after a total payment of nearly 0.26 mln Indian Rupees as settlement fee-Business Standard.Securities and Exchange Board of India (Sebi) had initiated adjudication proceedings against Hindustan Unilever over alleged failure to make timely disclosures to the stock exchanges, mandated under the takeover norms, for the years 2008 and 2010.  Full Article

Hindustan Unilever Ltd declares interim dividend
Monday, 27 Oct 2014 04:52am EDT 

Hindustan Unilever Ltd:Declares an interim dividend of 6.00 Indian Rupees per equity share of face value of one Indian Rupees each for FY ending March 31, 2015.Dividend will be paid to the shareholders on or after Nov. 14.  Full Article

Hindustan Unilever Ltd fixes record date for interim dividend
Thursday, 16 Oct 2014 08:05am EDT 

Hindustan Unilever Ltd:Says the record date for the purpose of determining the entitlement of the shareholders for the interim dividend, if any, has been fixed as Nov. 03.  Full Article

Hindustan Unilever Ltd recommends final dividend
Monday, 28 Apr 2014 05:36am EDT 

Hindustan Unilever Ltd:Recommends a final dividend of 7.50 indian rupees for the financial year ended March 31, 2014 on Equity Shares of 1 Indian rupee each.  Full Article

Hindustan Unilever Ltd appoints new CFO-Economic Times
Wednesday, 12 Mar 2014 03:49pm EDT 

Hindustan Unilever Ltd:Says PB Balaji, currently, VP, finance at Unilever Americas supply chain company, will replace Sridhar Ramamurthy as CFO-Economic Times.  Full Article

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Indian rapper goes viral with toxic waste gibes at Unilever

MUMBAI - An Indian rapper has gone viral with a music video calling on consumer products giant Unilever to clean up alleged toxic waste from a forested southern hill station.

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