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| Exchange Disseminated Time | Hindustan Unilever Ltd has informed BSE that the Company has acquired 7500 equity shares of face value of Rs.10/- each (75% of the equity share capital) of Bhavishya Alliance Child Nutrition Initiatives (Bhavishya Alliance), a Not for Profit Company.
The Company was earlier holding an investment to the extent of 25% of the equity share capital of Bhavishya Alliance. Consequent to the acquisition of remaining 75% of the equity share capital, Bhavishya Alliance has become a wholly owned subsidiary of Hindustan Unilever Limited with effect from March 12, 2015.
Bhavishya Alliance was incorporated on October 03, 2010 as a Not for Profit Company to work in the areas of Social, Economical and Environmental issues. |
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