Submission of Newspaper Advertisements for attention of Equity Shareholders of the Company in respect of information regarding Meeting of Equity Shareholders to be held on 12th August, 2025 through Video Conferencing (VC)/ Other Audio Visual Means (OAVM)
HINDUNILVR · price
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Hindustan Unilever (HUL) has published newspaper notices informing equity shareholders about a meeting to be held on Tuesday, August 12, 2025 at 11:00 AM via video conferencing. The meeting, directed by the National Company Law Tribunal (NCLT) Mumbai Bench, will seek shareholder approval for the Scheme of Arrangement between HUL and Kwality Wall's (India) Limited under Sections 230-232 of the Companies Act, 2013. This scheme relates to the proposed demerger of HUL's ice cream business into Kwality Wall's India Limited, which will be the resulting company. The notice was advertised in Business Standard (English, All India) and Loksatta (Marathi, Mumbai) on July 9, 2025. Shareholders can vote through remote e-voting from August 7-11, 2025, with the cut-off date set as August 5, 2025. The Tribunal has appointed Retd. Chief Justice Ferdino Rebello as Chairperson and Mr. Ashwini Ramakant Gupta as Scrutinizer for the meeting.
This is a major corporate event: HUL shareholders will vote on whether to separate the ice cream business into a standalone listed entity. The decision could reshape HUL's business portfolio and create value-unlock opportunities, but also introduces short-term uncertainty. Shareholders should review the scheme document and exercise their voting rights before the August 11, 2025 deadline.