Hindustan Unilever Limited (HUL) has achieved a prestigious recognition with two of its manufacturing facilities being designated as Lighthouses by the World Economic Forum. This acknowledgment highlights the company's excellence in advanced manufacturing and digital transformation initiatives.

World Economic Forum Lighthouse Recognition

The Lighthouse designation is part of the World Economic Forum's Global Lighthouse Network, which identifies manufacturing facilities that have successfully implemented Fourth Industrial Revolution technologies at scale. These facilities serve as beacons for other manufacturing sites, demonstrating best practices in digital transformation and advanced manufacturing processes.

Significance of the Achievement

The recognition of HUL's two manufacturing facilities represents a significant milestone in the company's operational excellence journey. Lighthouse facilities are selected based on their ability to integrate cutting-edge technologies, improve operational efficiency, and drive sustainable manufacturing practices.

Manufacturing Excellence and Innovation

This achievement underscores HUL's commitment to leveraging advanced technologies and innovative manufacturing processes. The Lighthouse recognition validates the company's efforts in implementing digital transformation initiatives that enhance productivity, quality, and sustainability across its manufacturing operations.

The World Economic Forum's Lighthouse Network serves as a platform for sharing knowledge and best practices among leading manufacturing facilities worldwide. HUL's inclusion in this network positions the company among global leaders in manufacturing innovation and technological advancement.

Hindusthan Urban Infra has announced the approval of a 1:5 equity share split, marking a significant corporate action for the infrastructure company.

Share Split Details

The company has approved a subdivision of its equity shares in the ratio of 1:5. This means that each existing equity share will be split into five shares, effectively increasing the total number of shares outstanding while maintaining the same overall market capitalization.

Impact of the Share Split

The 1:5 share split will result in shareholders receiving five shares for every one share they currently hold. The face value per share will be reduced proportionally, while the total value of holdings remains unchanged immediately after the split.

Share splits are commonly implemented by companies to:

• Improve share liquidity in the market
• Make shares more accessible to retail investors
• Reduce the absolute price per share
• Enhance trading activity

The approval of this share split reflects Hindusthan Urban Infra's strategy to broaden its investor base and improve market participation in its shares.

This corporate action will increase the number of shares outstanding and reduce the face value per share proportionally, potentially making the stock more attractive to a wider range of investors.