HINDUSTAN UNILEVER LIMITED

HINDUSTAN UNILEVER LIMITED

Previous company name
HINDUSTAN LEVER LIMITED
Name change date
7/2/2007
Company Overview
Hindustan Unilever Limited, formerly known as Hindustan Lever Limited, is a publicly quoted company engaged in the manufacture of fast moving consumer goods (home and personal care products, foods and beverages). The company was founded in 1956 and has its registered head office in Mumbai, India.
Hindustan Unilever is considered as the largest producer of fast moving consumer goods in India. The company’s products are grouped into three categories namely, Home and Personal Care, Foods, and Water. The Home and Personal Care group include personal body wash products under the brands Lux, Breeze, Lifebuoy, Dove, and Rexona, among others; laundry products under the brands Surf Excel, Rin and Wheel; skin care products under the brands Fair & Lovely, Pond’s, and Vaseline; hair care products under the brands Sunsilk Naturals and Clinic; oral care products under the brands Pepsodent and Closeup; deodorants under the brands Axe and Rexona; and colour cosmetics under the brand Lakme. The Food group covers tea products under the brands Brooke Bond and Lipton; coffee under the brand Brooke Bond Bru; ice cream under the brand Kwality Wall’s; and food products under the brands Kissan, Annapurna, and Knorr. The Water group comprised of in-home water purifier under the brand Pureit. Hindustan Unilever further produces preserved marine products (e.g. surimi, crabsticks and shrimps) under the brands Ocean Diamond, Ocean Excellence, Shogun, Hima, Gold Seal, Tara and Prima; and rice products under the brands Gold Seal, Indus Valley, Rozana and Annapurna.
The company exports its products in Europe, Asia, the Middle East, Africa, Australia, and North America, among others.
Hindustan Unilever’s common shares are traded on the Bombay Stock Exchange under the ticker symbol “HINDUNILVR”.
Business Summary
The Company is engaged in manufacturing products such as beverages, food, and home and personal care goods. Its brands include Kwality Wall’s ice cream, Lifebuoy soap, Lipton tea, Pepsodent toothpaste, and Surf laundry detergent. HLL markets atta (a type of meal), maize, rice, and salt, and its export division ships castor oil and fish. The Company also sells bottled water and over-the-counter healthcare products.
Description and history
The Company is engaged in manufacturing products such as beverages, food, and home and personal care goods. Its brands include Kwality Wall’s ice cream, Lifebuoy soap, Lipton tea, Pepsodent toothpaste, and Surf laundry detergent. HLL markets atta (a type of meal), maize, rice, and salt, and its export division ships castor oil and fish. The Company also sells bottled water and over-the-counter healthcare products.

The Company was incorporated on October17th, 1933, under the name of a Lever Brothers (India) Pvt., Ltd. (LBIL) was the wholly owned subsidiary of Unilever Ltd. London, UK. 1933 Lever Brothers India Limited (LBIL) incorporated in India to manufacture Soaps.
1935 – On 11th May a subsidiary Company was incorporated under the name United Traders Pvt. Ltd. for marketing the products of the Company or imported from the parent Company.
1956 – On 27th October, the Company was converted into a Public Ltd. Company.
- On 1st November, Hindustan Vanaspati Mfg. Co. Pvt. Ltd., William Gossage & Sons (India) Pvt. Ltd. and Joseph Crosfield & Sons Unilever Ltd. were amalgamated with LBIL and the name was changed to Hindustan Lever Ltd. From 23rd october onwards activities of subsidiary Company were taken over by its holding Company.
- On 17th November Unilever Ltd. Offered to the public 557,000 No. of equity shares of Rs.10 each.
1976 – The Company had set up plants at Taloja in Maharshtra for the manufacture of ossein and di-calcium phosphate. In August these plants were commissioned.
1977 – On February synthetic detergents plant in Jammu was commissioned. Plant for manufacture of linalool from betapinere, pheneyl ethyl alcohol and eaters commissioned at Jammu.
1979 – In October, the Company set up a new industrial undertaking at Haldia for the manufacture of sodium tri-polyphosphate, phosphoric acid and sulphuric acid.
1980 – In order to reduce the non-resident holding in the Co. to 51%, Uniliver Ltd. offered for sale during Feb. out of its shareholding in the Company 4239523 No. of equity shares of Rs.10 each at a premium of Rs.9.50 per share in the following manner;
- i) 10,00,000 shares to public financial institutions.
- ii) 25,12,702 shares to the existing resident Indian shareholders on a pro-rata basis in the ratio of 1:4.
- iii) 726,821 shares to employees and Indian directors.
1983 – A new plant for synthetic detergents in Chindwara district of M.P commissioned Co. took on lease a detergent and toilet soap factory at the request of Punjab govt. owned by a joint sector Co. Stephans Chemicals Ltd.
- A new fine chemical unit was commissioned.
- As consideration, Indian shareholders of HL Ltd. were offered 62,20,576 No. of equity shares of Rs.10 each of Lipton India Ltd., at par in proportion of 2:8. ie 2 Lipt:8 HL equity.
1985 – A project for the manufacture of 500 tonnes per day of diammonium phosphate was commissioned.
1986 – Lux toilet soap was launched.
1987 – Lifebouy Personal and Breez soaps launched.
1988 – Company in collaboration with National Starch Corporation USA, undertook to set up a new facility at pondicherry for the manufacture of functionalised biopolymers.
- The Company took on lease cum purchase basis the detergents undertakings of Union Home Products Ltd. Mangalore.
1989 – Synthetic Detergent plant at Sumerpur in UP & Tiolet soap plant in Orai in UP were commissioned.
- Cracking catalyst plant at Haldia commissioned.
- Vegetable oil plant commissioned at Kandla free trade zone.
1991 – Seed and Tissue culture projects commissioned at Hyderabad.
- Company proposed to set up a 17,000 tpa. film sulphonation plant at Taloja to manufacture a range of detergent actives.
- Company signed a collaboration and 100% buy back agreement with Sawyer of Napa, California, USA to produce wool-on-leather garment and wool-on-leather products.
- Commissioned a plant for manufacture of 10,000 tonnes per annum of toilet preparations at Pondicherry.
1992 – Entered in dental product market by introducing Pepsodent, Mentadent G etc.
- A factory to manufacture leather garments and other leather based products including wool-on-leather garments and wool-on-leather was set up in Chennai.
- The Company undertook to set up a large scale acquaculture centre at Tanjavur in Tamil Nadu for farming and processing catfish for the U.S. markets in technical collaboration with FFDA, Florida, USA who also provide a full buy-back guarantee.
1993 – Temporary shut down of Haldia Plant due to duty free import of DAP. Entered skin product market by introducing fair & lovely. Also entered hair care product by introducing sunsilk salon treatment & clinic super gel. Close-up confident toothbrush also introduced on the same year.
- During the year Company entered into joint selling agreement with Ponds India Ltd. for distributing their products.
- Company set up rice millong facilities in the free trade zone of Kandla.
- Company obtained all permissions and approvals for acquiring 80% of the equity capital of Nepal Lever Ltd. The Company was also taking steps to set up an effective distribution system in Nepal to distribute and market the products of the Company.
- Tata Oil Mills Co. Ltd. (TOMCO) was merged with Hindustan Lever Ltd with effect from 1st April. As per the scheme of amalgamation, shareholders of TOMCO were allotted without Payment in cash 2 equity shares of Rs.10 each of HL for 15 equity shares of Rs.10 each held in TOMCO. After the amalgamation Unilever PLC London were allotted on a preferencial basis 29,84,347 equity shares of Rs.10 each at a premimium of Rs.95 per share for maintain their share holding at 51% in the Company.
1993- HLL`s largest competitor, Tata Oil Mills Company (TOMCO), merges with the Company.
– Erstwhile Brooke Bond India acquires Kissan Business from the UB Group and Dollops icecream business from Cadbury
- Doom Dooma and Tea Estates Plantation divisions merged with Brooke Bond
- Brooke Bond and erstwhile Lipton India merge to form Brooke Bond Lipton India Limited 1994 HLL and US-based Kimberley-Clark Corporation form 50:50 joint venture, Kimberley-Clark Lever Ltd.
1994 – Company entered male toiletries segment with the launch of Denim after shave & Ean Dee Toilette.
- Company set up Hot Melt Adhesive manufacturing facilities at Taloja. And also entered SSP business and trading.
- Wool-on-leather and wool-on-garment plant was commissioned.
- The Company entered into joint venture agreement with Kimberly-Clark Corporation, USA to promote a joint company `Kimberly-Clark Lever Ltd.` with 50% equity participation by the Company.
1995
- In technical collaboration with Shinto Corporation, a subsidiary of Toya Suisan, Japan, the Co. undertook to set up a Surimi (Fish Paste) project at an initial cost of Rs.15 crores near Veraval in Gujarat State. The collaborators provided 100% buy-back guarantee for the output of this unit which seeks to upgrade the hitherto wasted fishery resources of the country. The plant was commissioned in the second quarter.
- The Company entered into joint venture agreement with Lakme Lever Ltd. to undertake the manufacturing and distribution of colour cosmetics and other personal care products.
- The Company also entered into an agreement with S C Johnson & Son USA, for manufacture and sales of insecticides such as insect repellents, disinfectants and similar products in India.
- The Company received the President`s Award for Outstanding performance in Agri Commodities for the year 1994-95.
- 1995 HLL and Indian cosmetics major, Lakme Ltd, form 50:50 joint venture, Lakme Lever Ltd. HLL acquires Kwality and Milkfood 100% brandnames and distribution assets.
- HLL and US-based S.C. Johnson & Son Inc. form 50:50 joint venture, Lever Johnson (Consumer Products) Pvt. Ltd.HLL Soaps and Detergent sales cross one million tonnes.
1996 – Brooke Bond India Ltd. was amalgamated with the Company. As per the scheme of amlgamation, the Company allotted 533,28,713 equity shares to the share holders of Brooke Bond India Ltd. in the proportion 9 shares of the Company for 20 shares held in Brooke Bond India Ltd.
- The Company entered into joint venture S C Johnson & Son USA. The Joint Venture named Lever Johnson Consumer products Pvt. Ltd.
1997 – Company received the Solvent Extractors` Association Award for being the highest exporter of Rice Bran Extractions during 1996-97.
1998 – The Directors of Hindustan Lever Limited at their meeting held on 16th March, considered and approved the proposal for amalgamation of Ponds India Limited with Hindustan Lever Limited.
- The Department of Agriculture and co-operation under the ministry of agriculture has directed Lever Johnson (Consumer Products) Ltd., a subsidiary of Hindustan Lever Limited, and Icon Household Products Pvt. Ltd. to withdraw from the market, the mosquito mat repellent Raid from Domex on charges of having grossly violated the conditions of registration.
- HLL has also taken several initiatives in raising awareness of oral care and hygiene in India. One of these programmes is the free dental check-up programme, which is conducted in collaboration with the Indian Dental Association.
- In India, the only Company in the poultry business that is selling chicken meat is Venkateshwara Hatcheries (VHL). VHL sells its products under the brand name Venky`s which is currently sold in only major cities, The Company is presently working on the feasibility of the poultry business.
- Unilever set up the Hindustan Vanaspati Manufacturing Company, its first subsidiary in India, and established two more subsidiaries, lever Brothers India Ltd. and United Traders Ltd.
- The managements of Pond`s (India) Limited and Hindustan Lever Limited have decided to propose the amalgamation of PIL with HLL. Both the companies are subsidiaries of Unilever Plc, which holds 51 per cent equity in each.
- The Company has signed the Fuel Supply Agreement (FSA) with public sector Indian Oil Corporation (IOC) for the entire fuel and lubricant requirements of its manufacturing unit in Orai. This the first time that two giants, one from public sector and other from the private sector, have joined hands as `partners in progress`, and also augurs future partnerships between IOC and the Company.
- IOC`s northern region general manager (sales) I H Hashmi and R K Mutreja from HLL signed FSA for five years supply of HSD (petrol), furnace oil and lubes to the tune of 555 kilo litre per month.
- The Company is a manufacturer of Lifebuoy, Lux, Breeze, Rexona and Haman in the country, under a division christened the personal products division.
- The managements of Pond`s (India) (PIL) and HLL have decided to propose the amalgamation of PIL with HLL. They are subsidiaries of Unilever, UK, which holds 51 per cent equity in both.
- HLL also proposes to acquire from Lakme the latter`s 50 per cent share holding in the 50:50 joint venture company, Lakme Lever, the Lakme trademark from Lakme`s wholly-owned subsidiary, Lakme Brands, and lakme`s manufacturing undertakings at Deonar and Kandla (the latter owned by Lakme Exports). The Company is setting up a Max Club for children.
- The Company and Nicholas Piramal India Ltd have received the QAD rapid Achiever Award at its first ever Asia Pacific Explore `98 user conference held in Bangkok.
- the Company has signed a memorandum of understanding with Tata Housing Development Company for developing some of its properties into residential and commercial complexes.
- In the scheme of amalgamation to the planned merger, the Company has stated that about 8.8 per cent of the issue, subscribed and paid-up capital of the transferor company (Pond`s) will stand cancelled. The Company has 13,25,954 shares of Pond`s India.

- The Company had bought eight lakh shares of BBLIL from UTI two weeks prior to the announcement of the merger at a price of Rs. 350 per share on March 25, 1996.
- The Company has awarded a country wide project of payroll management to Calcutta-based Vedika Software (P) Ltd.
- The Company has a world-class information technology infrastructure to enable the businesses to respond faster and perform better.
- The Company has entered into job work arrangements with some bought leaf tea factories in the Nilgiris.
- The Tatas have joined hands with the Company in Kerala to set up a Rs.686 crore hospitality, housing and infrastructure project. The project proposes to construct a five star hotel complex, technology park, world trade centre, business and commercial space, shopping mall and housing complexes at Tatapuram in the heart of Kochi city covering an area of 35 acres.
- The Company has signed a memorandum of understanding with Swastic Vanaspati of Biratnagar, Nepal, for the supply of hydrogenated oil under its own brandname Dalda.
- The Company to buy out Kwality`s ice-cream plants; agreement to be signed soon. The Company has suffered twin setbacks in its plans of selling Kwality Ice creams nationwide.
- The board of directors of Tasty Bite Eatables has issued 59,530 non convertible preference shares of Rs.100 each at a premium of Rs.1,950 per share to Hindustan Lever on private placement basis. The preference share will carry a coupon of 1 per cent for a tenure of ten years, said a notice issued to the Mumbai Stock Exchange.
- The Company has entered into an agreement with Johnson & Johnson for using the trademark Savlon for its soap products. The agreement was entered into eight months back and concerns only soaps.
- The Company has also entered into joint ventures to introduce products that are not in Unilever`s global portfolio. These include joint ventures with Kimberly Clark and SC. Johnson for personal hygiene and households care respectively.
- The Company was one of the first companies to join the National Securities Depository (NSDL) to encourage its shareholders to avail themselves of its benefits.
- The Company`s Bangalore factory has received National Productivity Award for the fourth year in a row from National Productivity Council. The factor has also received ISO 9002 certification.
1998- Group company, Pond`s India Ltd, merges with the Company. The Company acquires Lakme brand, factories and Lakme Ltd`s 50% equity in Lakme Lever Ltd. The Company acquires manufacturing rights of Kwality icecream. Appellate Authority of Government of India absolves HLL of insider trading charges, made by SEBI in 1997, in the BBLIL merger.
1999 – The Company has joined hands with the Institute for Social and Economic Change (Isec) for a rural development programme in Karnataka.
- The Company has decided to merge its subsidiary Industrial Perfumes Ltd with the Company. The merger would be effective from January 1.
- The Company holds 1,27,497 shares of Rs. 100 each. Industrial Perfumes manufacturers aroma chemicals such as deodorant and perfumes. According to the Company as per the scheme of amalgamation for every five equity shares of Rs 10 each of Industrial Perfumes two shares of the Company will be given.
- The Company is selling its Rs 80-crore dairy business to Nutricia International BV, part of the $1.7bn Dutch dairy products giant Koninklijke (Royal) Numico NV Group, for a yet undisclosed sum. A memorandum to this effect was signed a few days ago.
- Consumer Giant Hindsutan Lever Limited (HLL) has converted a part of its debt, which otherwise would have been non-realisable from Tasty Bite Eatables Ltd, into non-cumulative, non-convertible redeemable preference shares carrying an interest rate of 1 per cent.
- The Company has decided to dispose of its dairy business to Nutricia (India) Pvt Ltd and spin off its animal and poultry feeds into a separate subsidiary.
- Industrial Perfumes Limited is to amalgamate with the Company and under the scheme HLL is to issue at par and allot two equity shares of Rs 10 each to the shareholders of Industrial performes for every five shares held by them in that Company.
- The Company holds about 51 per cent of the issued, subscribed and paid-up capital of Industrial Perfumes Limited and the shares, if any held by the Company and its subsidiary companies as on the record date in Industrial perfumes shall be concelled.
2000 – The Company will be the largest e-tailer in the next two years.
- The Company has entered into a five-year wet lease agreement with the Hyderabad-based Premier Explosives (PEL) to operate the latter`s mushroom farms near Hyderabad.
- The Company has launched a `ready to drink` (RTD) tea brand Lipton Ice Tea in Hyderabad with lemon and mango flavours.
- The Company has launched a new brand of toopaste — Aim.
- The Company has unveiled the country`s first liquid detergent for daily washing needs Surf Excel Liquid detergent in the Indian Market.
- The Company launched the International Lux Skincare range, `Sunscreen Formula`.
- 2000 the Company acquires Modern Foods, the first public sector company to be divested by the Government of India
- The Company has launched Surf Excell Liquid Detergent, for daily washing of clothes.
- The Company markets more than 110 brands, in 950 packs. the products are sold in one million retail outlets, directly covering India`s entire urban population and about 50,000 villages.
- The Company has launched a cooking medium New Dalda Activ.
- FMCG major Hindustan Lever Ltd, aiming to strengthen its foods business, has received a boost in this endeavour with its parent Unilever acquiring the US-based food Company Bestfoods.
- The Aviance, the international range of beauty solutions by the Company has launched a hair care range comprising four shampoos and two conditioners.
- The Company has chalked out its expansion plans in tea through acquisitions, greenfield ventures and a five-year plan entailing modernisation, uprooting and research.
- Hindustan Lever`s aggressive brand introduction spree in deodorants a nascent Rs 75 crore market seems to be growth by categorisation.
- The Company has been ranked among the top 15 emerging market companies worldwide. The Company is the only Indian Company, and also the only food and household products firm to figure in the list.
- The Company has offered two alternatives a voluntary retirement scheme and termination of services to executives of Rossell Industries Ltd.
- The Company has relaunched Close-Up as `Super Fresh Close-Up` with an added attribute of containing an anti-bacterial agent along with an existent mouth wash.
- The Company mount a series of aggressive initiatives this year to shore up the performance of its ice cream business.
- The Company has tied-up with a growing corporate services agency, Les Conclerges, to make itself a one-stop convenience shop by entering the home services sector.
- The Company has acquired four factories from Amalgam Foods Ltd. on a wet lease to carry out the processing of marine products.
- The Company for the second year running, has been rated among the world`s 100 best-managed companies.
- The Company has introduced ColourFast Slims, a new range on lipsticks under its Aviance Beauty Solutions brand.
- The Company has launched the Lux Body Wash along with a Lux loofah in Karnataka. This is the first mass-appeal body wash to be launched under the brandname Lux.
- Hindustan Lever and Elizabeth Arden, launched Elizabeth Arden, Unilever`s Prestigious cosmetics and fragrance brand, in India.
- The Company has set up 12 counters across the country to carry out exchange of share certificates for new certificates of Re 1 face value.
- Kwality Wall`s, a division of The Company, has launched softy ice cream and has positioned it as a mass market product and Head of the ice cream business.
- FMCG major Hindustan Lever Ltd will mark its entry into the softy ice cream segment by setting up softy kiosks in all major metros starting with Chennai.
- The Company has relaunched its tea brand, Brooke Bond Red Label, with Assam Super Tasters.
- The Company has proposed to make an open offer for a 24 per cent stake held by local shareholders in International Bestfoods Ltd., which is now a subsidiary of parent Unilever.
- The Company`s Pepsodent toothpaste has introduced games at McDonald`s outlets.
- The Company has introduced New Hi-Power Vim Bar with enhanced grease cutting power and lime juice.
- The Company has entered into an in-principle agreement of Dheeraj Kumars Creative eye for buying out Indian satellite rights of the mega-television serial `Om Namah Shivay` in Hindi.
- The Company has launched Aim toothbrush in South India.
- The Company has launched an innovative scheme with gold coins embedded in tablets of its Lux brand of soap.
- The Company has launched the new Nutririch Fair & Lovely fairness reviving lotion.
- The Company has entered into an agreement with FFI Fragrances to continue importing and distributing the globally renowned prestige brand – Elizabeth Arden – for the next six ti twelve months.
2001 – Shampoo brand `Clinic All Clear` on the Net, The Company has launched a host of Web Promotions on popular Websites which include, Rediff.com, Sify.com, Indya.com, Uthplanet.com, Hungama.com and C2W.com.
- The Company and International BestFoods are formalising an agreement under which HLL will sell and distribue IBL products with effect from January 1.
- The Company has launched Clinic Plus Protein Shampoo with a new formulation that contains a Protein Health Complex.
- The Company has launched after-shave lotions from its Calvin Klein brand of fragrances — Obsession, Etermotu amd Escape.
- The Company`s Nihar, a brand of double-filtered coconut oil, has changed packaging and logo.
- The Company has over 36,000 employees, and has created 2 lakh indirect jobs. Its operations are spread across 70 locations in India. There are over 50 factories, of which 28 are in backward areas. The operations involve 2000 suppliers and aassociates and 7000 stockists and agents. The Company has emerged as a major Exporter.
- The Company has entered into a strategic tie-up with the Nasdaq listed iVillage Inc reported for the year ending December 1999, operator of iVillage.com to set up a women portal for the Indian market.
- The Company has launched the New Pears Oil Clear bathing bar.
- The Company is launching a new Website called `Castorworld.com` — a b-2-b e-commerce project for Castor.
- Joint Ventures are being formed for two of its non-FMCG businesses to protect their value – one with Godrej Agrovet for our AFS business and another with the ICI group for our Fragrance/Flavours division.
- The Company has chalked out a turn-around strategy for its ailing ice cream business.
- The Company has organised a mobile van promotion called `Dare to Wear Black Mania` in order to promote Clinic All Clear, its anti-dandruff shampoo.
- The Company is hiving off its existing business of fragrances, flavours and food ingredients into a separate joint venture, Quest International India, in which paints major ICI India will hold a majority stake.
- The Company has launched the new Fair & Lovely Fairness Soap — which will help make the skin fairer, safely and gently.
- The Company`s, Pond`s Magic DeoTalc, has been launched with a new enhanced deodorant protection.
- International Bestfoods Ltd. has become a subsidiary of Hindustan Lever Ltd with effect from 22nd April.
- The Company has entered into a joint venture with Godrej Agrovet a subsidiary of Godrej Soaps.
- An agreement has been entered into with the ICI Group, for a Joint Venture for the Quest division of the Flavours and Fragrances business.
- The Company has launched International Rexona 24 HR Intensive, in India.
- The Company has launched Pond`s Light n` Fresh talc.
- The Company has launched the new Lakme Sunscreen Lotion with ultraviolet rays guard and Alpine Mint.
- The shareholders of Hindustan Lever have approved a proposal to merge International Bestfoods and Aviance with HLL.
- The Company`s factory at Garden Reach near Kolkata faces a one-day strike in July,the reason being to press their demands for higher wages.
- The Company will be closing its thermometer mercury factory at Kodaikanal in Tamil Nadu.
- The Company has commissioned a detergent and a tea factory in Silvassa, taking its total number of new factories to seven in the current year.
- MRTPC has dismissed a complaint filed against the Company for allegedly increasing prices of its products Glucon-D and Nycil.
- In October 2000 HLL acting in concert with Unilever made an open tender offer for the remaining 24.62%of the IBL equity at price Rs 173.00 per share.
2001 – The Board of the Company had approved the transfer of its undertaking engaged in seeds business to its subsidiary Paras Extra Growth Seeds Ltd.
- International Bestfoods Limited (IBL) has become asubsidary of Hindustan Lever w.e.f April 21,2001. The Board of IBL has already approved the transfer of 75.38% of the equity of IBL earlierheld by Best Foods USA in favour of the Company.
- The Company has signed an agreement with ICI India, a subsidiary of ICI plc, UK, for sale of Nickel Catalyst business and Adhesives business, a sub-unit of Specialty Chemicals Division of the company`s Chemicals and Agri operations for a consideration of Rs.21 crore and Rs 9 crores respectively.
2002 -S Ramadorai appointed as Non-executive Director on the Board of the Company.
-Opto Circuits enters into an agreement with the Company to buy the business line of Digital Thermometers.
-The Lever Gist Brocades, a 50:50 joint venture of the Company and DSM of The Netherlands, was sold to Burns Philp India, the local arm of the Australia-based food conglomerate Burns Philp.
- Company`s branded salt Annapurna launched in Africa
- Project Shakti, a rural marketing initiative, brings the Company 20% rise in rural consumption
- Signs Joint Venture with India Seeds Holdings Ltd., a company incorporated in Mauritius engaged in the seed and biotechnology industry, for transfer of its seeds business undertaking Paras Extra Growth Seeds Ltd. (PEGSL) for a consideration of Rs 115 crore
- Comes out from the premium (prestige) fragrances segment by stopping distribution of Calvin Klein in the country
- Enters into ayurvedic healthcare market by releasing their Lever Ayush ayurvedic health and beauty care products
-Enters into sourcing agreement with Unilever Australia and Unilever US for supplying tea bags
- Lever Gist Brocades, a 50:50 joint venture of the Company and DSM of The Netherlands, was sold to Burns Philp India, the local arm of the Australia-based food conglomerate Burns Philp
- The Company`s ice-cream business makes profit for the first time in its history
- Shareholders approve bonus debentures issue
- Forays into snack foods market under the Knorr Annapurna brand
- Stops the production of two of its variants under the Sunsilk shampoo range
- Bouncy Volume and Ceramide Plus
- Ties up with Madhya Pradesh government for achieving all-round growth through empowerment of rural people and launches `Vindhya Valley` umbrella brand for food products.
- Relaunches Deluxe Green Label with a better and stronger aroma in the four southern states to consolidate its position as a leading filter coffee brand
- Acquires remaining 26% stake in Modern Foods for Rs 44.07cr
- The Company, Kochi wins commendation certificates for energy conservation from the State-level Monitoring Committee for Energy Conservation for year 2002.
2003 – Ties up with Pepsi for distribution, signs a memorandum of understanding with Pepsi, to leverage each other`s strengths in distribution. The agreement provides Pepsi access to the Company`s institutional accounts.
- Unveils New Rin Supreme Bar with `Pure Clean` technology
- Relaunches kids ice-cream with 4 new products, Mango Tango, Rainbow, Twister and Super Twister, priced between Rs 7 and Rs 15
- Acquires the seafoods business of the south-based Amalgam group
- Sells GLUCOVITA,, a brand in the glucose powder market, to Wipro
- Unilever hands over global marketing of Pears to the Company.
- Patents a new technology called `alphos` for manufacturing soap, which will allow the Company to manufacture the same quality of soap at low prices
- Forays into conventional biscuits market by launching a traditional glucose biscuit under its acquired bakery brand Modern
- Relaunches Surf Excel as a low-foam detergent to target markets facing severe water crisis
- Offloads carpets business for Rs 1 crore
- Infuses over Rs 80 crore to scale up its holding in subsidiaries
- Sets up a Ayurvedic science centre – Ayush Therapy Centre – to provide a platform for scientific enquiry of Ayurveda and dissemination of this knowledge through collaborations with leading national and international scientific, Ayurvedic and medical experts and institutions
- Floats centralised shared services centre
- Places 88,000 WLL connections order with Reliance
- Begins supplying Unilever`s tea bags
- Bharat Petroleum Corporation Ltd (BPCL) forges alliance with the Company to sell their goods along with the LPG cylinders which will allow the sale of durables and FMCG products.
- Unites Knorr, Annapurna brands under one roof in the name Knorr Annapurna Umbrella
- Floats a 100 per cent business process outsourcing (BPO) subsidiary named `Christened Indigo`. christened Indigo is divided in to two divisions, one for domestic market and other for international market
- The Company`s advertisements reappear on Zee TV after nearly a gap of one year
- The Company has tied up with Bharat Petroleum Corporation Ltd for selling grocery items to LPG customers through BPCL`s distributor network. the consumers can order all HLL products from Bharatgas distributors in select cities.
-Introduced two new variants of Pepsodent toothpaste, Regular Fresh Flavour and White Family Flavour. The Company has also launched a 20 gm pack priced at Rs 5.
-Unveiled Lifebuoy, which is priced at Rs 2 at the retail level
-Entered into an agreement with Beeyu Overseas Ltd (BOL) which agreed to market coffee in Poland
- The Company extended its Knorr Annapurna range into soup powders at Rs 5. Sporting flavours such as Tomato Tease, Spicy Vegetable, Chicken Punch and Peppery Chicken.
-The Company has extended its Modern brand of bread and cakes to biscuits.
-The Company has introduced a new mango drink `Mr Fruit`.
-The Company unveils Unnati Scheme .
2004 -Relaunches Rin Shakti Powder and Rin Shakti Bar
-Mr. Harish Manwani appointed president, home and personal care, North America , a business worth 5bn euros in sales turnover for `02
-The Company unveils new festival package for its coffee brands
-The Company unveils new schemes to lure customers in Tamil Nadu
-The Company launches mega project on experimental basis in Mumbai
-The Company creates `Power in Power`
-Gets award for industrial safety by National Safety Council, Kerala Chapter in chemical industries sector in medium size industries category
-Hindustan Lever Ltd tied up with the private sector power utility, CESC Ltd, for sampling of Pepsodent toothpaste. `Touchbase with Kolkata` project said that with its April bills CESC would be sending out 14.1 lakh covers carrying the Pepsodent label and a small 15 gm tube of toothpaste with a new flavour.
-The Company to ink MoU with Pepsi
-The Company sets up new Ayush centre in Mumbai
-The Company forays into water biz, rolls out Pure It to purify water

Formerly known as Hindustan Lever Limited

Business Line
Engaged in the manufacture of fast moving consumer goods (home and personal care products, foods and beverages)
Subsidiary
BROOKE BOND REAL ESTATES PVT. LTD.
Advisor
LOVELOCK & LEWES
IPO date
7/6/1995
US SIC Code
2841
Company Address
Hindustan Lever House
165/166, Backbay Reclamation
City province or state postal code
400020, MUMBAI
Phone: +91 +91 – 22-39832452
Fax: +91 +91 -22-22026712
Country address: INDIA
Website url: www.hll.com

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