Hindustan Unilever Limited (HUL)
Hindustan Unilever Limited (HUL) is an Indian consumer goods company headquartered in Mumbai, India. It is a subsidiary of Unilever, a British company. Its products include foods, beverages, cleaning agents, personal care products, water purifiers and other fast-moving consumer goods.
HUL was established in 1931 as Hindustan Vanaspati Manufacturing Co. and following a merger of constituent groups in 1956, it was renamed Hindustan Lever Limited. The company was renamed in June 2007 as Hindustan Unilever Limited. Hindustan Unilever’s corporate headquarters are located at Andheri, Mumbai.
HUL works to create a better future every day and helps people feel good, look good and get more out of life with brands and services that are good for them and good for others. With 44 brands spanning 14 distinct categories such as fabric solutions, home and hygiene, life essentials, skin cleansing, skincare, hair care, colour cosmetics, oral care, deodorants, tea, coffee, ice cream & frozen desserts, foods and health food drinks, the Company is a part of the everyday life of millions of consumers across India. Some of its famous products are Bru coffee, Surf excel detergent, Pureit, Comfort fabric softener, Kissan brand, Vaseline, Clinic Plus, Pepsodent toothpaste etc.
COVID-19 CARE: HUL developed an awareness campaign with UNICEF to inform community healthcare professionals and further strengthen the community response to COVID-19. The campaign reached over 14 lakh individuals across six states in the country. In partnership with the government and various NGOs, HUL donated over 2 crore soaps and sanitisers, bottles of toilet and surface cleaners, packs of Horlicks and other products to the frontline medical professionals, police officials, sanitation workers, migrant population, innumerable vulnerable citizens of the country. HUL partnered with medical institutions to provide about 75,000 test kits to help ramp up testing. This was done in collaboration with the public health authorities near our factories and offices in several states including UP, MP, West Bengal, Assam, Tamil Nadu, Karnataka, Dadra & Nagar Haveli.
Their shareholding pattern consists of Promoters and Promoter Group having 61.90% of shares, Public having 12.24% shares, following by FII’s having 15.11% shares and DII’s with 10.75% shares.