Outcome of Postal Ballot and Scrutinizer's Report
HINDUNILVR · price
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Hindustan Unilever Limited announced the results of its postal ballot concluded on January 6, 2026. Shareholders approved the appointment of Mr. Niranjan Gupta as Whole-time Director, designated as Executive Director, Finance & Chief Financial Officer, for a 5-year term from November 1, 2025 to October 31, 2030, with 99.56% votes in favour. Mr. Gupta is a Chartered Accountant with 30 years of experience, including a prior 20-year stint at HUL, and most recently served as CEO of Hero MotoCorp. Shareholders also approved the appointment of Mr. Bobby Parikh as an Independent Director for a 5-year term from December 1, 2025 to November 30, 2030, with 99.58% votes in favour. Mr. Parikh, also a Chartered Accountant, co-founded BMR Advisors and previously served as CEO of Ernst & Young India. He will chair the Risk Management Committee and serve on the Audit Committee.
The strong approval (>99.5%) reflects broad shareholder confidence in the new board appointments. Niranjan Gupta's return to HUL as CFO brings experienced financial leadership, while Bobby Parikh's addition strengthens the board's independent oversight and risk management capabilities.