Hindustan Unilever Ltd (HUL) rose almost 3% touching to Rs. 2,279, as board permitted an offer to shape a brand new 100% Subsidiary of HUL.
The Board of Directors of Hindustan Unilever (HUL) on February 24, 2020, has accredited a proposal to form a new a hundred% Subsidiary of HUL. This Company can be integrated with an Authorised Share Capital of Rs. 2000 crore.
This new subsidiary has been fashioned to leverage the increase possibilities in a fast-converting business environment and will assist HUL in becoming extra agile and
client-focused.
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