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Hindustan Unilever Shareholders Approve Board Appointments with Over 99% Support

Story Highlights
  • Shareholders approved appointing Niranjan Gupta as Whole-time Director for a five-year term.
  • Investors also backed Bobby Parikh as Independent Director, reinforcing board stability and governance.
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Hindustan Unilever Shareholders Approve Board Appointments with Over 99% Support

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Hindustan Unilever Limited ( (IN:HINDUNILVR) ) just unveiled an announcement.

Hindustan Unilever Limited has announced that its shareholders have overwhelmingly approved, via a postal ballot, the appointment of two directors to its board for five-year terms. Members endorsed the appointment of Mr. Niranjan Gupta as Whole-time Director, liable to retire by rotation and serving from 1 November 2025 to 31 October 2030, with 99.56% of valid electronic votes cast in favour, and the appointment of Mr. Bobby Parikh as an Independent Director, not liable to retire by rotation and serving from 1 December 2025 to 30 November 2030, with 99.58% approval. The strong voting support underscores broad shareholder confidence in the company’s board composition and governance framework, and signals stability and continuity in HUL’s leadership as it navigates its strategic and operational priorities in India’s competitive FMCG landscape.

More about Hindustan Unilever Limited

Hindustan Unilever Limited (HUL) is a leading Indian fast-moving consumer goods (FMCG) company, part of the global Unilever group, with a diversified portfolio spanning home care, beauty and personal care, and foods and refreshments. Its products have broad mass-market reach across urban and rural India, making HUL one of the country’s most significant consumer staples players and a key bellwether for domestic consumption trends.

Average Trading Volume: 118,765

Technical Sentiment Signal: Hold

Current Market Cap: 5600.8B INR

For detailed information about HINDUNILVR stock, go to TipRanks’ Stock Analysis page.

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