• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, Sept. 14 Shareholders of Hindustan Unilever Ltd (HUL) have approved the special resolution relating to the buy-back of equity shares by the company by a majority of 99.77 per cent votes.

The polling was done through postal ballot. The results were announced to the shareholders on Friday.

HUL had sent a Postal Ballot Notice on July 29, pursuant to Section 192A of the Companies Act, 1956 to all the shareholders for seeking their approval to the special resolution under Section 77A of the Companies Act, 1956, for the buy-back of the equity shares by the company.

The board had also appointed Mr S.R. Tata, a partner of A.F. Ferguson & Co, Chartered Accountants, Mumbai as scrutinizer for conducting the postal ballot. Mr S.R. Tata has submitted his report to the Chairman on Friday. Accordingly, the results were announced to the shareholders on the same day.

More Stories on : Buyback | Personal Products | Hindustan Unilever Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
L&T clarifies

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line