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Investment in M/s Aquagel Chemicals Private Limited

The Company has entered into a Share Purchase Agreement with the promoters of M/s Aquagel Chemicals Private Limited.

The Company has entered into a Share Purchase Agreement with the promoters of M/s Aquagel Chemicals Private Limited (ACPL) for acquisition of 74% of the equity share capital of ACPL.

The Company was earlier holding an investment to the extent of 26% of the equity share capital of ACPL. Consequent to the acquisition of remaining 74% of the equity share capital, ACPL has become a wholly owned subsidiary of Hindustan Unilever Limited with effect from 1st April, 2013.

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