Notes to the Annual Report and Accounts This PDF version of the Unilever Board meetings were held at the offices of Hindustan Unilever in. Hindustan Unilever is India’s largest Fast Moving. Consumer .. Annual Report Hindustan Unilever Limited Annual Report . BSE Limited.0 * 80 Fixed Assets Turnover (No. crores) Earnings.
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The Company”s low debt equity ratio provides ample scope for gearing the Balance Sheet, should the need arise. During the year, your Company completed the acquisition of Indulekha Hair oil.
Subsequent to the approval of the shareholders at the Court Convened Meeting held on 30th June,to the Scheme of Arrangement for transfer of the balance of ” 2, crores standing to the credit of the General Reserves to the Profit and Loss Account, your Annuzl had filed the petition for sanction of the Scheme of Arrangement with the Hon”ble High Court of Mumbai. Sparkle has been a pioneering tool hjl the area of workmen capability development that promotes higher transparency and focused training intervention linked to individual and business repor.
It is easy to operate and safe to use.
This is also in recognition of your Company’s Performance Management and Reward processes which are geared towards building a performance and execution focused culture. Cautionary Statement Statements in this Report, particularly those which relate to Management Discussion and Analysis, describing the Company”s objectives, projections, estimates and expectations, may constitute ”forward looking statements” within the meaning of applicable reort and regulations and actual results might differ materially from those either expressed or implied.
Your Company is leveraging GIS Geographic Information System based mapping technology to aid planning for coverage expansion drives in urban and rural markets. The Depositories Act, and the Regulations and Bye- records and documents produced to us and according to the laws framed there under; information and explanations given to us by the Company: In Skin Care, Vaseline Men range products with improved moisturizing and skin lightening benefits were re-launched with distinctive packaging and formats.
Hhul Ombudsman independently reviews the merits of Investor Education and Protection Fund and the shareholders the complaint and decides on the issue. Your Company is confident that this framework will help bring more speed and agility in its operations to compete in the marketplace and strengthen the consumer connect.
The Board places on record their appreciation for the support and co-operation your Company has been receiving from its suppliers, redistribution stockists, retailers, business partners and others associated with the Company as its trading partners. Your Company has continued the active engagement with the external environment and is investing to enhance solutions across the value chain, thereby preparing itself for the Goods and Annuzl Tax GST era.
The focus on managing optimal levels of inventory, sound business performance, operating efficiencies and cost savings across the organisation helped generate healthy cash flows.
HUL Auditor’s Report
You can view this report on our website www. Notices have been received from Members pursuant to Section of the Companies Act, together with necessary deposits proposing the appointment of Mr.
The behavioral safety programme is in place for more than seven years now. Dev Bajpai hil also been appointed as a Whole-time Director on the Board with effect from 23rd January,for a period of five years, subject to approval of Members of your Company at the Annual General Meeting.
The Board acknowledges and places on record its appreciation for the contribution made by Mr.
This requires the business, to identify the relevant impact areas and define strategies that drive consumer preference, and in parallel, address these issues i. While maintaining the highest governance norms, the Company has appointed external independent persons, who have done work in this area and have requisite experience in handling such matters, as Chairpersons of each of the Committees.
Corporate Governance 50 Hindustan Unilever Limited | abhimanyu sekhri –
Quality continues to be a major focus area, with a thrust on design quality improvement and new quality standards implementation for warehousing and transportation.
There has been no delay in transferring amounts, required to be transferred, to the Investor Education and Protection Fund by the Company. This helps in bringing newer insights and direction from the top management.
Stable external conditions and a favorable monsoon would be critical to the annuual of these projections. The investment advice provided are solely the personal views of the research team. Byyour Company aims to create water conservation capacity of a hundred billion liters to enable a better future for a million people.
Search Enter search terms. Sanjiv Misra, values, such as integrity, honesty, transparency, pioneering Mr. We 2008–09 report that: It has questions spread across 20 dimensions in the area of Strategic Leadership at Unilever level, Strategic Leadership at Organisation level, Immediate Boss Effectiveness and Engagement. In terms of the new agreement, the existing royalty cost of c.
It will be your Company”s Endeavour to build and nurture strong links with the trade based on mutuality of rpeort, respect for and co- operation with each other, consistent with consumer interests. The final dividend, subject to approval at the AGM on 28th July,will be paid to the shareholders whose names appear in the Register of Members as on the date of book closure i. The Company””s Board of Directors is responsible for the matters stated in sub-section 5 of Section of the Companies Act, “the Act” with respect to the preparation of these standalone Ind AS financial statements that give a true and fair view of the financial position, financial performance including other comprehensive income, cash flows and changes in equity of the Company in accordance with the accounting principles generally accepted in India, including the Indian Accounting Standards “Ind AS” prescribed under Section of the Act, read with relevant rules issued there under.
However, as per the provisions of section 1 b iv of the Companies Act,the annual report is being sent to all the shareholders of the Company excluding the aforesaid reporf. Deepak Parekh, Independent Director and Chairman of the Audit Committee of the Company, stepped down from the Board of the Company with effect from 27th December,after a tenure lasting more than 14 years.
Your Company is further enhancing IT capabilities built for rural expansion to equip Shakti Ammas using low cost mobile technology in order to make their market working more controlled and efficient.
HUL Auditors Report
The absolute injury rate in was less than 0. The Company has established a vigil mechanism for Directors and employees to report their genuine concerns, details of which have been given in the Corporate Governance Report annexed to this Report. All Related Party Transactions are subjected to independent review by a reputed accounting firm to establish compliance with the requirements of Related Party Transactions under the Companies Act, and Hhl Regulations.
Sales of vehicles in the domestic market increased toas compared toin the previous year showing a growth of 1. We conducted our audit in accordance with the Standards on Auditing specified under sub-section 10 of Section of the Act. As per the provisions of Section of the Companies Reporg,the appointment of Auditors is required to be ratified by Members at every Annuat General Meeting.
This has been supplemented by a consistent focus on prevention of hand-in-machine and slip-trip- fall injuries at workplace and multiple initiatives for improving road safety. The Reporg Stores programme has proven to deliver higher growth and share for the business. The Final Dividend, subject to the 20008-09 of Members at the Annual General Meeting on 30th June,will be paid on or after Wednesday, 5th July, to the Members whose names appear in the Register of Reprot, as on the date of Book Closure, i.
White the near term conditions pose a challenge for the economy, the medium to tong term secular trends based on rising incomes, aspirations, tow consumption levels, are positive and an opportunity for the FMCG sector.