Hindustan Unilever Limited (HUL) has reported changes in its subsidiary, Kwality Walls (India) Limited, as part of an ongoing Scheme of Arrangement between the two companies. The changes include a reshuffling of the board and a relocation of the registered office.

Board Reconstitution

As part of the board reconstitution following the Scheme of Arrangement, three Non-Executive Directors have stepped down from their positions at Kwality Walls (India) Limited. The details of the resignations are as follows:

These resignations mark a change in the company's leadership structure.

Office Relocation

In addition to the board changes, Kwality Walls (India) Limited has also announced a change in its registered office address. The details of the relocation are as follows:

This move represents a shift from the Andheri area to Goregaon East, while remaining within Mumbai city limits.

Implications of the Changes

These developments at Kwality Walls (India) Limited are part of the broader Scheme of Arrangement between Hindustan Unilever Limited and Kwality Walls. The specific details of the scheme have not been disclosed in this update.

Investors and stakeholders of Hindustan Unilever Limited may want to monitor these developments. As always, it's advisable to consult with financial advisors before making any investment decisions based on this information.

Hindustan Unilever Limited (HUL), a leading fast-moving consumer goods company in India, has announced a significant change in its leadership team. The company has appointed Ms. Vandana Suri as the new Executive Director, Home Care and General Manager, India-Home Care Business Unit, effective January 1, 2026.

Key Leadership Transition

Ms. Suri will be succeeding Mr. Srinandan Sundaram, who is set to take on a new role as the Chief Executive Officer of Unilever International. This transition marks an important change in HUL's Management Committee, signaling the company's focus on nurturing talent and ensuring smooth succession planning.

About Vandana Suri

Vandana Suri brings a wealth of experience to her new role at HUL. Her appointment comes after a successful tenure as the General Manager, Beauty & Wellbeing for Unilever Indonesia. With over 20 years of experience in building brands and leading categories, Suri has worked with multinational companies such as PepsiCo, Tetra Pak, and Nielsen before joining HUL in 2011.

Career Highlights

Throughout her career at Unilever, Vandana Suri has held several key positions:

Company's Perspective

Ms. Priya Nair, CEO and Managing Director of HUL, expressed confidence in Vandana's abilities, stating, "Vandana has a deep understanding of consumers, markets, and ecosystems. She has successfully led diverse, multicultural teams to foster high performance with empathy. I welcome her back to HUL and I am confident that she will take the Home Care business to even greater heights."

Outgoing Executive Director

The company also acknowledged the contributions of Mr. Srinandan Sundaram, who joined HUL as a management trainee and has spent the last nine years as part of the Management Committee. As the Executive Director for Home Care, Sundaram led the business to growth and decisive market share gains.

Looking Ahead

This leadership change comes at a time when HUL continues to maintain a strong financial position. As of March 2025, the company reported total assets of ₹78,313.00 crore, showing a steady growth of 1.60% year-over-year and 14.97% over the past five years.

The appointment of Vandana Suri is expected to bring fresh perspectives to HUL's Home Care division, potentially driving innovation and growth in this key business segment. As the company navigates the evolving consumer goods landscape, this strategic move underscores HUL's commitment to leveraging experienced leadership to maintain its market position and drive future growth.