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 Company periodically cascades the principles embodied under CoBP across the organisation.
Directors Report of Hindustan Unilever Ltd. Company
The Company has provided dedicated that may have a potential conflict with the interests of the e-mail addresses whistleblowing. The reasons for growing the business sustainably are compelling and your Company sees no conflict between promoting sustainable development and business growth.
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: The Code is also applicable to everyone with whom the are placed before the Board for approval. In our opinion, the Company has, in all material respects, an adequate internal financial control system over financial reporting and such internal financial controls over financial reporting were operating effectively as at 31 Marchbased on the internal controls over financial reporting criteria established by the Company considering the essential components of internal controls stated in the Guidance Note issued by the ICAI.
Your Company, for the fourth consecutive year, retained its position as the Dream Employer with students of top business schools. Similar projects are underway in the area of accounting, reporting and information management which will move the Company’s processes to world class levels and support the growth plans of the Company.
A behavioural safety programme was deployed across the Company as the core of our safety journey. All these initiatives will lead to a transformation of the finance function to world class standards, thereby ensuring operational excellence.
The Company has not given any guarantees for loan taken by others from financial institutions. The Report given by the Auditors on the financial statements of the Company is part of the Annual Report. The UN estimates that nearly one-and-a-half million children die each year from water related diseases. The Company also has an ISO However, we have not made a detailed examination of the records.
The details of such related party transactions have been disclosed in the standalone Ind AS financial statements as required by applicable accounting standards.
HUL Auditor’s Report
Never miss a great news story! Your Company has a robust Supply Chain savings programme with continuous focus on end-to-end Supply Chain cost reduction with new technologies, processes and methods. Your Company continues to make excellent contribution to the Unilever Sustainable Living Plan, where Unilever”s vision is to double the size of its business while reducing the overall impact on environment and improving its positive social impact.
The aim is to meet the requirements of the current talent pool and to enhance the Company”s future readiness. There are a few green shoots in market growths; however, uncertain global economic environment, inflation and competitive intensity continue to pose challenges. 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.
Based on audit procedures and relying on the management representation, we report that the disclosures are in accordance with books of account maintained by the Company and as produced to i a The Company has maintained proper records showing full particulars, including quantitative details and situation, of fixed assets.
These are periodically reviewed and tested for efficacy and adequacy. OPINION In our opinion yul to the anmual of our information and according to the explanations given to us, the aforesaid standalone financial statements give the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state amnual affairs of the Company as at 31 March and its profit and its cash amnual for the year ended on that date.
All cases registered under the Code they are not in conflict with the interest of the Company at large.
We acknowledge our individual and collective responsibilities to manage our business activities with The Board comprises such number of Non-Executive, Executive integrity.
Details of employee remuneration as required under provisions of Section of the Companies Act, and Rule 5 2 and 5 3 of Rules are available at the Registered Office of the Company during working hours, 21 days before the Annual General Meeting repory shall be made available to any shareholder on request. In accordance with the terms of the Performance Share Plan, employees are eligible for award of conditional rights to receive equity shares of annul Company at the face value of Re.
Your Company”s Vision is to accelerate growth in the business, while reducing environmental footprint and increasing positive social impact. Investors may visit performance are published in leading newspapers such as http: Accordingly, the provisions of Clause 3 ix of the Order are not applicable to the Company.
The salesmen of the distributors use handheld devices for accepting retail orders, which enable faster tracking and real time sales information. Inflation also remained at hhul level throughout the fiscal year. Accordingly, paragraph 3 iii of the Order is not applicable to the Company. Sales of vehicles in the domestic market increased toas compared toin the previous year showing a growth of 1.
The Board acknowledges and places on record its appreciation for the contribution made by Mr.
HFS will, accordingly, cease to be a subsidiary of the Company post completion of the divestment. Higher xnnual on subsidies on account of oil and fertilizers widened the fiscal deficit of the centre more than the budget estimates.
TRESemme, an international salon brand, with a formulation tailored for Indian hair and endorsed by salon professionals, was launched for the first time in India.
HUL Auditors Report
A separate report on Corporate Governance is provided at page no. Your Company has developed comprehensive plans in each of these key areas that are customised to suit the present and future business needs.
It is easy anual operate and safe to use.
The proposal for appointment of any Senior The members of the Board and the Management Committee Management Personnel of the Company to serve as Director, annually confirm the compliance of the Code of Conduct to the Supervisory Director, Trustee etc. The application meets high responsible for their action.
The Board has currently established the repkrt statutory and non-statutory Committees. The behavioural safety model has now been customised as BeSafE and will be launched company-wide in anbual half of the year. Manish Tiwary with effect from 1st November, However, as directed by the said circular, the financial data of the Subsidiaries have been furnished under ‘Subsidiary Companies Particulars’ forming part of the Annual Report refer page no.
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 have a far reaching impact in making consumption sustainable.
These results are also query registration through free identity registration process.