Hindustan Unilever Limited has successfully completed the second tranche of its strategic investment in Transition Sustainable Energy Services One Private Limited (SPV), further strengthening its position in the sustainable energy sector. The FMCG major announced the completion of this acquisition through a regulatory filing.

Investment Details

The company's latest investment demonstrates its continued commitment to sustainable energy initiatives. The key parameters of this acquisition are outlined below:

Strategic Context

This acquisition represents the second tranche of Hindustan Unilever's investment in the SPV, following the initial acquisition of 22.33% stake. The investment was executed in accordance with the terms and conditions outlined in the Transaction Documents.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The acquisition was formally communicated to both BSE Limited and the National Stock Exchange of India Limited through proper regulatory channels.

Financial Impact

The total consideration for the second tranche acquisition amounts to ₹10,26,37,440, representing a significant investment in the sustainable energy sector. This strategic move aligns with the company's broader sustainability objectives and demonstrates its commitment to expanding its presence in renewable energy services.

The completion of this acquisition marks another milestone in Hindustan Unilever's diversification strategy, as the company continues to explore opportunities beyond its traditional FMCG operations while maintaining its focus on sustainable business practices.

Hindustan Unilever Limited has informed stock exchanges about a key personnel change at its subsidiary Kwality Walls (India) Limited (KWIL) as part of ongoing compliance requirements related to their scheme of arrangement. The disclosure was made on December 10, 2025, following communication from KWIL regarding material updates.

Key Personnel Change at Kwality Walls

Ms Vidhi Sanghvi, who served as Company Secretary and Compliance Officer of KWIL, submitted her resignation on December 9, 2025. The resignation details are outlined below:

KWIL acknowledged Ms Sanghvi's contributions and expressed good wishes for her future endeavours. The resignation letter was signed by Prashant Premrajka, Additional (Executive) Director and Chief Financial Officer of KWIL.

Regulatory Compliance Framework

This disclosure forms part of Hindustan Unilever's compliance obligations under the scheme of arrangement between HUL and KWIL. The company is required to continuously disclose material information about KWIL to stock exchanges as per:

• Observation letters from NSE (NSE/LIST/46775 dated May 14, 2025) and BSE (DCS/AMAL/TS/R37/3581/2025-26 dated May 14, 2025)
• SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
• SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

Scheme of Arrangement Context

The disclosure relates to the ongoing scheme of arrangement between Hindustan Unilever Limited and Kwality Walls (India) Limited under Sections 230 to 232 of the Companies Act, 2013. As part of this process, stock exchanges have mandated continuous disclosure of material events and updates concerning KWIL.

Kwality Walls (India) Limited, incorporated in 2025 with CIN U10505MH2025PLC437886, operates from its registered office at Oberoi Commerz II, International Business Park, Oberoi Garden City, Goregaon East, Mumbai. The company falls under the regulatory oversight requirements established for the scheme of arrangement proceedings.

The resignation represents a routine corporate governance matter that requires disclosure due to the specific compliance framework established for the scheme of arrangement between the two entities.