HINDUSTAN UNILEVER LTD. - Investment in M/s. Bhavishya Alliance Child Nutrition Initiatives

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.<BR><BR>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.<BR><BR>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.