Hindustan Unilever has announced several important corporate developments, including a strategic arrangement with Kwality Wall's and key leadership appointments that will strengthen its organizational structure.

Strategic Partnership Development

The company has entered into an arrangement with Kwality Wall's, marking a significant development in its business operations. While specific details of the arrangement have not been disclosed, this partnership represents an important strategic move for the FMCG giant.

Key Leadership Appointments

Hindustan Unilever has made two significant appointments to its management team:

Company Secretary Appointment

Anand Upadhyay has been named as the new Company Secretary, a crucial role responsible for ensuring corporate governance compliance and managing statutory requirements. The Company Secretary position plays a vital role in maintaining regulatory compliance and facilitating board operations.

Senior Management Addition

Rohit Jhunjhunwala has been appointed as Senior Manager, adding to the company's senior management capabilities. This appointment reflects the company's focus on strengthening its management structure across various operational areas.

Corporate Governance Enhancement

These appointments demonstrate Hindustan Unilever's commitment to maintaining strong corporate governance standards and enhancing its organizational capabilities. The addition of experienced professionals to key positions supports the company's operational efficiency and regulatory compliance framework.

Hindustan Unilever Limited has provided a material update regarding its ongoing scheme of arrangement with Kwality Wall's (India) Limited (KWIL), following regulatory requirements from stock exchanges. The disclosure, dated December 30, 2025, addresses observation letters received from both NSE and BSE in May 2025.

Regulatory Compliance and Disclosure Requirements

The update comes in response to observation letters issued by the National Stock Exchange of India Limited and BSE Limited on May 14, 2025. These letters require HUL to continuously disclose material information about KWIL to the stock exchanges as part of the scheme of arrangement process.

The disclosure is made under:

• Regulation 30 and Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
• Sections 230 to 232 of the Companies Act, 2013

Internal Auditor Appointment at KWIL

Kwality Wall's (India) Limited's Board of Directors approved the appointment of Mr. Rohit Jhunjhunwala as Internal Auditor during their meeting held on December 30, 2025. The appointment details are as follows:

Professional Background and Expertise

Mr. Rohit Jhunjhunwala brings extensive experience to his new role as Internal Auditor. His professional background includes:

• Foundation Experience: Strong tenure with KPMG and Deloitte
• Qualification: Chartered Accountant
• Unilever Experience: 10 years in various critical roles
• Specialized Areas: Audit, M&A, Business and Operational Finance, Risk Management

Key Roles at Unilever Group

Corporate Structure and Demerger Process

The appointment comes as part of the ongoing scheme of arrangement between Hindustan Unilever Limited and Kwality Wall's (India) Limited. Mr. Jhunjhunwala played a pivotal role in establishing KWIL as part of the demerger process and subsequently transitioned to the newly demerged entity.

Kwality Wall's (India) Limited operates as a separate entity with:

• Registered Office: 13th Floor, Oberoi Commerz II, International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon East, Mumbai 400 063
• CIN: U10505MH2025PLC437886
• Website: www.kwalitywallsindia.com

Governance and Compliance Framework

The appointment strengthens KWIL's governance framework as the company establishes its independent operations. Mr. Jhunjhunwala's combined expertise in audit, risk management, and business finance positions him to drive strong governance, assurance, and sustained value creation for the organization.

The disclosure was signed by Chitrank Goel, Additional Director designated as Deputy Managing Director of KWIL, and communicated to Hindustan Unilever Limited as part of the continuous disclosure requirements under the scheme of arrangement.