HUL to restructure exports business divn

R Yegyanarayanan Updated - March 12, 2018 at 11:49 AM.

Hindustan Unilever Ltd, as per direction of the High Court of Judicature at Bombay, will hold a meeting of the equity shareholders of the Applicant Company (HUL), on July 28.

This is for the purpose of considering and if thought fit, approving with or without modification(s), the Scheme of Arrangement proposed to be made between Hindustan Unilever Limited, the Applicant / Transferor Company, Unilever India Exports Limited, Transferee Company and their respective Shareholders and Creditors for the transfer of certain assets, liabilities and properties of FMCG Exports Business Division of HUL to Unilever India Exports Limited.

Published on July 5, 2011 07:38