The Board of Directors of Hindustan Unilever Limited (HUL) today approved a proposal to form a new 100% Subsidiary of Hindustan Unilever Limited. This Company will be incorporated with an Authorised Share Capital of Rs. 2000 crore.
This new subsidiary has been formed to leverage the growth opportunities in a fast-changing business environment and will help HUL in becoming more agile and customer-focused.
Shares of HINDUSTAN UNILEVER LTD. was last trading in BSE at Rs.2216 as compared to the previous close of Rs. 2247.85. The total number of shares traded during the day was 35112 in over 1975 trades.
The stock hit an intraday high of Rs. 2262.15 and intraday low of 2210.8. The net turnover during the day was Rs. 78389339.