Submission of Notice for attention of Equity Shareholders of the Company in respect of information regarding 87th Annual General Meeting to be held on 30th June, 2020 through Video Conference (VC) / Other Audio-Visual Means (OAVM).
The Nifty FMCG index was trading 2.01 per cent up at 29024.5.
Please find attached Disclosure of Related Party Transactions on a consolidated basis, for the half year half year period from 1st October, 2019 to 31st March, 2020.
The Nifty FMCG index was trading 0.4 per cent up at 28336.7.
The Company has decided to close the Register of Members of the Company from Tuesday, 23rd June, 2020 to Tuesday, 30th June, 2020 (both days inclusive) for the purpose of payment of Final Dividend and Annual General Meeting of the Company.
Intimation of the 87th Annual General Meeting of the Company.
ESOP Allotment - 25.05.2020
Bharti Airtel, Infosys and ITC were the other gainers from the top-10 list.
The initiative focuses on enhancing awareness related to COVID-19, amongst the tea-plantation workers and local communities and help them take necessary precautions to stay safe during the pandemic. Training modules and short videos created by HUL to train frontline healthcare workers in tea estates on response and containment measures related to COVID-19 will be developed.
The Nifty FMCG index was trading 0.74 per cent up at 26891.35.
The Nifty FMCG index was trading 0.67 per cent down at 26778.3.
Modi had urged Indians to be “vocal about local” brands and buy products made domestically in a speech themed around a self-reliant nation. He had also tweeted that “local is not merely a need but a responsibility.”
Annual Secretarial Compliance Report for the year ended 31st March, 2020.
Clarification Letter on Trading Volume
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for GlaxoSmithKline Pte Ltd
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Horlicks Ltd
If HUL remains subdued, it may reinforce the trend of MNCs exiting the stocks at the right time.
Sales of fast moving consumer goods grew 79% during fourth week of March when the government first ordered a nationwide lockdown for 21 days, according to Kantar Worldpanel, a global consumer research firm owned by communications and advertising giant WPP.
Only Reliance Industries and Bharti Airtel managed to close the trading week with gains.
The Exchange has sought clarification from Hindustan Unilever Ltd on May 08, 2020, with reference to Movement in Volume. The reply is awaited.
The market capitalisation-to-GDP ratio for Indian has breached its GFC low of 56.
The analyst suggested a stoploss at Rs 1975 .
Here’s who bought what in some of the key bulk deals of the day.
The 133.77 million shares were offloaded on average for 1,905 rupees, according to a statement from GlaxoSmithKline.
It sees up-tick in stocks as “bear market rally” rather than sustained turnaround.
GlaxoSmithKline is selling $3.45 billion worth of shares in Unilever's Indian business on the open market, one of the bookrunners organising the transaction said. The 5.7% stake in Hindustan Unilever, now put on the market, was accepted by GSK as payment for the sale of malted drink brand Horlicks and other nutrition brands to Unilever, agreed in late 2018.
The Nifty FMCG index was trading 2.27 per cent down at 26521.95 .
The Nifty FMCG index was trading 0.9 per cent down at 27349.45 .
Factoring in the weak Q4 performance due to Covid-19, the brokerage revised the FY21/22E EPS by 6 per cent/7 per cent respectively leading to a revision in the target price.
Top officials close to the development told ET that HUL will train a large set of advisors and beauty consultants, numbering about 1,500, to become entrepreneurs so that they can set up their own businesses.
The unprecedented turn of events and its negative impact on supply chain & discretionary products demand is expected to result in a revenue decline (comparable) in FY21E.
Brokerage Phillip Capital maintained ‘Buy’ on HUL with a target price of Rs 2,450.
RIL (Rs 1171.17 crore) was leading the pack of most active stocks in value terms.
India VIX, the fear gauge of the market, climbed 28 per cent to cross above 43 level.
The brokerage expects HUL to be a key beneficiary of the rural demand recovery.
The maker of Lux soap and Lipton tea, which employs about 21,000 people and reported a 7% decline in volumes for the March quarter, said it is revisiting any further increases planned for the rest of the year.
"There are two big trends emerging. One is the relevance of the humble grocer and people have realised that they are so close to you… proximity, and (that’s) such a big benefit. The second would be on ecommerce. With people becoming more averse to stepping out, they would like to place the order from home and receive it at home. "
Quarterly Certificate on ESOP Allotment for the March Quarter, 2020
Here are the key takeaways from HUL’s earnings.
Hindustan Unilever Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 30, 2020, inter alia, have recommended a final dividend of Rs. 14/- for the financial year ended March 31, 2020 on Equity Shares of Re. 1/- each. The Company had earlier paid an interim dividend of Rs. 11/- per share on November 05, 2019. The total dividend for the said period amounts to Rs. 25/- per Equity Share of face value of Re. 1/- each.
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