Divestment4 Mar 2026, 06:21 pm
Hindustan Unilever Ltd Completes Divestment of Stake in Nutritionalab for INR 307 Crores
AI Summary
Hindustan Unilever Limited (the ‘Company’) has completed the sale of its entire 19.8% shareholding in Nutritionalab Private Limited for a total consideration of approximately INR 307 Crores. This update is in continuation to the Company's letter dated 12th February, 2026, and is in accordance with the terms and conditions specified in the transaction documents executed amongst the relevant parties.
Key Highlights
- Hindustan Unilever Ltd completes divestment of its 19.8% stake in Nutritionalab
- Total consideration for the sale is approximately INR 307 Crores
- Divestment is in accordance with the terms and conditions of the transaction documents
- This update is a follow-up to the Company's letter dated 12th February, 2026
- The sale of shareholding in Nutritionalab is now complete