Hindustan Unilever : Declaration of results of remote e-voting and e-voting at the AGM
July 01, 2016 at 11:20 am EDT
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As per the provisions of the Companies Act, 2013 and also the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided the facility of remote e-voting and e-voting at the meeting of the Shareholders to enable them to cast their vote electronically on the resolutions proposed in the Notice of the 83rd Annual General Meeting (AGM). The remote e-voting was open from 26th June, 2016 to 29th June, 2016.
In line with the provisions of the Companies Act, 2013 and in terms of the clarification issued by MCA, voting by Show of Hands was not permitted at the General Meeting where e-voting had been offered to the shareholders. Therefore, at the 83rd AGM, voting was conducted by means of remote e-voting and e-voting at the meeting.
The Board of Directors had appointed Mr. S. N. Ananthasubramanian, Practising Company Secretary as the Scrutinizer for remote e-voting and e-voting at the meeting. The Scrutinizer has carried out the scrutiny of all the electronic votes received up to the close of remote e-voting period on 29th June, 2016 and e-voting received till the conclusion of the meeting and submitted their Report on 30th June, 2016.
Based on the Report of the Scrutinizer, all Resolutions as set out in the Notice of 83rd Annual General Meeting have been duly approved by the Shareholders with requisite majority.
Hindustan Unilever Limited published this content on 01 July 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 July 2016 15:20:04 UTC.
Original documenthttps://www.hul.co.in/investor-relations/news/2016/declaration-of-results-of-remote-e-voting-and-e-voting-at-the-agm.html
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Hindustan Unilever specializes in manufacturing and marketing of cleaning and food products. Net sales break down by family of products as follows:
- personal care products (46%): hair and skin care products, dental and deodorant products (brands Aviance, Dove, Sunsilk, Lux, Pond's, Axe, Rexona, Close Up, etc.);
- house cleaning and laundry care products (33.9%): soaps, dishwashing liquids, detergents, stain removers and cleaners (brands Active Wheel, Comfort, Cif, Sunlight, Vim, etc.);
- food products and beverages (18.8%): culinary products, sauces, oils and margarines (brands Knorr, Kissan, Annapurna, etc.), ice creams (Kwality Wall's), teas and coffees (brands 3 Roses, Red Label, Lipton, Bru, Taj Mahal);
- other (1.3%).
At the end of March 2019, the group had 28 production sites in India.
India accounts for 96% of net sales.