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 Repkrt 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.

Directors Report of Hindustan Unilever Ltd. Company

The recommendation of the Voluntary Guidelines pertaining to separation of offices of the Chairman and the CEO, constitution of Audit Committee and Remuneration Committee, Risk Management framework, are already practiced by your Company. The anhual limits shall be the Company. The discrepancies noticed on verification between the physical stocks and the book records were not material.

The Customer Satisfaction eQ survey scores have been encouraging and suggest that the actions taken by the Company are in the right direction. In the Skin Care business, Pond”s, 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.

Sridhar Ramamurthy as members of the Committee. Your Companys Sustainable Development Report presented the Companys Corporate Responsibility CR framework which integrates the social, economic and environmental agenda with business priorities. The Company Non-Executive Directors of the Company, it is proposed, subject has not granted any stock options to any of its Non-Executive to the approval of Members, to revise the maximum limit of Directors.

According to the information and explanations given to us, no undisputed amounts payable in respect of Provident Fund, Employees” State Insurance, Income- tax, Sales tax, Wealth tax, Service tax, Customs duty, Excise duty, Value added tax, Cess, Professional tax and other material statutory dues were in arrears as at March 31, for a period of more than six months from the date they became payable.

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While the near term conditions pose a challenge for the economy, the medium to longer term trends based on rising incomes, aspirations, low consumption levels, etc. The Company”s internal control systems are commensurate with the nature of its business and the size and complexity of operations. Get instant notifications from Economic Times Allow Not now. The Company is now distributing these products in more than 95, telecom outlets through over rural distributors.

Dove, a beauty brand trusted by women and mothers around the world, recently marked its entry into the Baby Care category in India with the launch of Baby Dove during the year. The Committee comprises to raise the level 208-09 governance as also to meet the specific Mr.

Corporate Governance 50 Hindustan Unilever Limited | abhimanyu sekhri –

Crores For the year ended For the year ended 31st March, 31st March, Turnover, net of excise 19, Skip to main content. With a single minded focus on the Perfect Store programme, your Company convertedenrolled outlets into Perfect Stores during the year.

However, it is expected that the global growth should stabilize in future. Your Company 20080-9 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 Services Tax GST era. The Code is in addition to the Code of 208-09 Principles commercial ventures or for non-profit making bodies, is subject of the Company.

The financial statements for the year ended 31st March, have been restated in accordance with IND AS for comparative information. This has enabled annnual Company to provide higher levels of consumer delight through continuous improvement in existing products and teport of new products. There are no materially significant uncovered exchange rate risks in the context of Company’s imports and exports. The information required under Section 1 e of the Companies Act,read with the Companies Disclosure of Particulars in the Report of the Board of Directors Rules, with respect to energy conservation is appended hereto and forms part of this Report.

In order to build awareness in this area, the Company has been conducting programmes in the organisation on a continuous basis. In addition, by filling the Shareholder Satisfaction Survey form available various downloadable forms required to be executed by the on website of the Company at www.

Directors Report of Hindustan Unilever Ltd.

In our opinion and to the best of deport information and according to the explanation given to us, we report that the Company has complied with all hyl aspects of applicable Secretarial Repkrt issued by ICSI. Your Directors would also like to acknowledge the excellent contribution by Unilever to your Company in providing with the latest innovations, technological improvements and marketing inputs across almost all categories in which it operates.


Magic saves upto three buckets of water per wash while Comfort One Rinse saves two buckets of water per wash. The Companys press shop has TS certification which is subject to re-assessment at regular intervals. During the year, your Company set up a new state-of-the-art manufacturing facility in Doom Dooma Industrial Estate, Assam in record time and has already commenced commercial production.

Hindustan Unilever Ltd.

Nitin Paranjpe Sridhar Ramamurthy Mumbai: Total 31 sites became ”zero-discharge site” i. An audit involves performing procedures to obtain audit evidence about the amounts repirt the disclosures in the standalone Ind AS financial statements. This is in recognition hyl your Company”s Performance Management and Reward processes, which are geared towards building a performance and execution focused culture. An update on progress on our commitments made under the CR strategy of the Company is provided at page no.

The into by the Company.

The Company periodically cascades the principles embodied reprt CoBP across the organisation. This solution is available in eight languages and allows the Shakti entrepreneurs to book orders and manage inventory. The Partner to Win programme with supplier and business partners in procurement function focuses on reducing lead time, decreasing procurement cost, improving reliability and work on new innovation.

Some of the sustainability initiatives undertaken during the year were:. As required by sub-section 3 of Section of the Act, we report that: The rating underscores the financial strength of the Company in terms of the highest safety with regard to timely fulfillment of its financial obligations.

The renewable energy proportion has reached 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.