Hindustan Unilever shareholders approve all resolutions at 93rd AGM
Hindustan Unilever Limited held its 93rd AGM on June 30, 2026, approving all seven resolutions. Key outcomes included the adoption of FY26 financial statements, confirmation of a ₹41 total dividend per share, and the re-appointment of key directors including Nitin Paranjpe and Ashu Suyash.
*this image is generated using AI for illustrative purposes only.
Hindustan Unilever Limited shareholders approved all seven resolutions at the 93rd Annual General Meeting held on June 30, 2026, via video conferencing. The meeting saw the adoption of audited financial statements for the Financial Year ended March 31, 2026, and the confirmation of an interim dividend of ₹19 per equity share and a final dividend of ₹22 per equity share. The re-appointment of Mr. Nitin Paranjpe, Mr. Niranjan Gupta, and Mr. B. P. Biddappa as Directors was approved, along with the re-appointment of Ms. Ashu Suyash as an Independent Director for a second term of five years. The meeting also ratified the remuneration to Cost Auditors for the Financial Year ending March 31, 2027.
Voting Results Summary
The Scrutinizer, Mr. S. N. Ananthasubramanian, reported that all resolutions were passed with the requisite majority. The total number of votes polled across all resolutions was approximately 200.42 crore shares. The special resolution regarding the re-appointment of Ms. Ashu Suyash received 99.66% approval, while the ordinary resolutions secured over 99.9% approval from shareholders.
| Resolution Description | Type | Votes in Favour | Votes Against | % of Favour Votes |
|---|---|---|---|---|
| Adoption of Financial Statements FY26 | Ordinary | 1,997,170,334 | 19,449 | 99.9990 |
| Dividend Confirmation (₹19 interim + ₹22 final) | Ordinary | 2,004,365,586 | 15,022 | 99.9993 |
| Re-appointment of Mr. Nitin Paranjpe | Ordinary | 1,996,791,719 | 7,412,401 | 99.6302 |
| Re-appointment of Mr. Niranjan Gupta | Ordinary | 2,002,524,477 | 1,746,795 | 99.9128 |
| Re-appointment of Mr. B. P. Biddappa | Ordinary | 2,002,577,952 | 1,691,915 | 99.9156 |
| Re-appointment of Ms. Ashu Suyash (Independent Director) | Special | 1,997,362,828 | 6,870,959 | 99.6572 |
| Ratification of Cost Auditors Remuneration | Ordinary | 2,004,237,131 | 36,041 | 99.9982 |
Meeting Participation Details
The remote e-voting facility was available from June 25, 2026, to June 29, 2026. A total of 11,60,840 shareholders were on the record date of June 23, 2026. During the AGM, 7 shareholders from the Promoter & Promoter Group and 137 public shareholders attended via video conferencing.
Historical Stock Returns for Hindustan Unilever
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.54% | -3.05% | -1.64% | -7.64% | -6.16% | -13.61% |
How will the re-appointment of key directors influence Hindustan Unilever's strategic direction over the next five years?
What impact will the total dividend payout of ₹41 per share have on the company's future investment and expansion plans?
How might the high approval rates for all resolutions reflect shareholder sentiment towards the company's governance and performance?
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