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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As per the provisions annnual Section of the Companies Act,the appointment of Auditors is required to be ratified 208-09 Members at every Annuat General Meeting. Corporate Social Responsibility Committee The Board of Directors at their meeting held on 14th December, Other Functional Committeesconstituted the Corporate Social Responsibility Apart from the above statutory Committees, the Board of Committee in order to be consistent with the requirements Directors has constituted the following Functional Committees of the Companies Bill, A separate report on Corporate Governance is provided at page no.

The reward philosophy of the Company is to pay market The role of Nomination and Repkrt Committee is as competitive reward with a strong linkage to performance. The package is now being used by over 40, Shakti entrepreneurs across the country. Details of loans, guarantee or investments made by your Company under Section of the Companies Act, during the financial year is appended as an Annexure to this report. Your Company also leverages benefits of scale and synergy through Unilever’s global buying network.

This, coupled with its ability to attract the best talent, gives a competitive edge to the organization. Your Company drives sustainable growth by leveraging employee-potential through capability development initiatives in line with Unilever Production System and by reducing cost and complexity in Supply Chain units. The Board places on record its 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.

During the year, multiple finance processes across accounting and reporting, controls and information management were reviewed and work streams were defined to implement global best practices.

All other Directors, except the Managing Director, will retire at the ensuing Annual General Meeting and being eligible, offer themselves for re-election.

Investors may visit performance are published in leading newspapers such as http: Your Company has progressed on the long term plan to create capacities through efficiency improvement, speed improvement and high speed technologies to support volume growth while managing costs.

Click here to sign up. In line with the requirements of the Companies Act, and Listing Regulations, your Company has formulated a Policy on Related Party Transactions which is also available on the Company”s website at https: In Skin Care, Vaseline Men range products with improved moisturizing and skin lightening benefits were re-launched with distinctive packaging and formats. We state that such compliance is neither an assurance as to the future viability of the Company nor the efficiency or effectiveness with which the management has conducted the affairs of the Company.


During the year, your Company set up a state-of-the-art Customer Insight and 200809 Centre CiiC at Mumbai, the latest among seven such centres across Unilever worldwide. Taj Mahal leaf tea range was extended to new geographies with location specific blends. The Code restricts the Directors of The Company has been impleaded in certain legal cases related the Company and other specified employees to deal in securities to disputes over title jul shares arising in the ordinary course of the Company on the basis of any unpublished price sensitive of share transfer operations.

Committee with effect from 8th April, Provision has been made in the financial statements, as required under the applicable law or accounting standards, for material foreseeable losses, if any, on long-term contracts including derivative contracts-Refer Note 55 to the financial statements ; and 3. In the Skin Care business, Rrport, for the first time, launched pimple-clear face wash based on thymol-terpineol technology to visibly clear pimples, such that the difference could be seen in just three days.

Directors Report of Hindustan Unilever Ltd. Company

Inthe CO2 emission reprt Company units has reduced by 9. The objective of this process is to facilitate quick resolution between the parties.

This is a mini ERP Enterprise Resource Planning package run on an entry level smart phone to help the Shakti entrepreneurs manage their enterprise better. One of the activities that the Legal function has engaged itself with across the country is in propagating intellectual property awareness. The enthusiasm and unstinting efforts of the employees have enabled the Company to remain at the forefront of the Industry.

In tine with the requirements of new taw, your Company has constituted new Board Committees. Our products touch the lives of 2 out of 3 Indians everyday, hence changes made to the way the products are designed, sourced and used will repport a far reaching impact in making consumption sustainable.

During the year, the Frozen Dessert business has deployed over 23, environment friendly HC-based freezers in its fleet. Katpana Morparia as an Additional Director with effect from 9th October,to hold office up to the date of forthcoming Annual General Meeting. The Committee is authorised to sign, Non-receipt of Dividend seal or issue any new share certificate as a result of transfer, Non-receipt of shares lodged for transfer consolidation, splitting or in lieu of share certificates lost, defaced or destroyed.

The UN estimates that nearly one-and-a-half million children die each year from water related diseases.

Your Company continuously imports technology from Unilever under the Technical Collaboration Agreement and the same is fully absorbed. In order to support the volume growth, your Company has progressed on the long-term plan to create capacities in line with demand so as to enable growth while managing costs. It will be Company’s endeavor to build and nurture strong links with the trade based on mutuality of benefits, respect to and co-operation with each other, consistent with consumer interests.


Your Company further strengthened the Perfect Stores programme to drive superior availability and visibility of its products at the market place.

Directors Report of Hindustan Unilever Ltd.

The Final Dividend, subject to the approval of Members at znnual Annual General Meeting on 29 th June, repprt, will be paid on or after 3rd July, to the Members whose names appear in the Register repory Members, as on the date annnual book closure, i. The remuneration payable to identification, screening, recruiting and recommending candidates Non-Executive Directors is decided by the Board of Directors for election as a Director on the Board.

During the year, Mr. While the near term conditions pose a challenge for the economy, the medium to longer term secular trends based on rising incomes, aspirations, low consumption levels, etc. The foundation of all your Company”s learning practices is based on a approach to learning. As required by the Companies Auditor”s Report Order, ”the Order”issued by the Central Government of India in exercise of powers conferred by sub-section 11 of section of the Act, we enclose in the Annexure a statement on the matters specified in paragraphs 3 and 4 of the Order.

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HUL Auditors Report

There are a few green shoots in market growths; however, uncertain global economic environment, inflation and competitive intensity continue to pose challenges. Never miss a great news story! The Board has currently established the following statutory and non-statutory Committees.

During the year, Ms. It has questions spread across several dimensions in the areas such as Strategic Leadership, Immediate Boss Effectiveness and Engagement. The Legal function of your Company continues to be a valued partner in facilitating the business agenda in the areas of claims management, legislative changes in both emerging and existing regulations, effectively dealing with unfair competition and ensuring regulatory compliance.

These are periodically reviewed and tested for efficacy and adequacy. Bhatt 7 of 7 6 of 6 4 of 4 2 of 2 1 of 1 Pradeep Banerjee 6 of 7 – – – – Chairman The last Annual General Meeting of the Company held on 23rd July, was attended by all the members of the Board of Directors.

Your Company is of the view that the menace of counterfeits can be effectively addressed if enforcement actions are supplemented with building awareness amongst the consumers of tomorrow.

USLP has three big reeport goals to achieve: The proposed Companies Company Secretary in consultation with the Chairman and the Bill, provides for two terms of five years each as tenure of Chief Executive Officer of the Company.