Newspaper Publication for seeking approval of the Central Government under Section 196 read with Schedule V of Companies Act, 2013, for the appointment of Ms. Priya Nair (DIN: 07119070) as the Managing Director and Chief Executive Officer of the Company
HINDUNILVR · price
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Hindustan Unilever has published a public notice in newspapers (Business Standard and Navshakti) on 25th September 2025, as required under Section 201 of the Companies Act, 2013. The notice informs shareholders that the company is applying to the Central Government for approval to appoint Ms. Priya Nair (DIN: 07119070) as Managing Director and CEO. Her proposed term is five years, from 1st August 2025 to 31st July 2030. The Central Government approval is needed because Ms. Nair was a non-resident in India for 12 months before her appointment date. The appointment remains subject to approval from shareholders and the Central Government.
This is a procedural compliance filing related to a leadership appointment that was already communicated earlier. It does not signal any change in business direction or financials, but confirms continuity in HUL's top leadership. Investors should note that the appointment is not yet final until Central Government clearance is received.