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.

Hindustan Unilever Limited witnessed significant trading activity with a major block trade executed on the National Stock Exchange (NSE). The transaction represents substantial institutional movement in one of India's leading FMCG companies.

Block Trade Details

The block trade executed on NSE involved considerable volume and value, demonstrating active institutional participation in the stock.

Market Significance

Block trades are typically executed by institutional investors, mutual funds, or large stakeholders to buy or sell substantial quantities without impacting the regular market price. These transactions are conducted outside the normal trading mechanism to ensure minimal market disruption.

The execution price of ₹2,300.60 per share reflects the prevailing market conditions at the time of the transaction. Such large-volume trades often indicate strategic portfolio adjustments by institutional investors or significant stake changes in the company.

Transaction Overview

The block trade represents a significant transaction in Hindustan Unilever's stock, with the total value reaching ₹230.10 crores. This substantial trading activity highlights continued institutional interest in the FMCG major and reflects the stock's liquidity in the institutional segment.