HUL Updates on Kwality Wall's Scheme: Rohit Jhunjhunwala Appointed Internal Auditor
Hindustan Unilever Limited (HUL) has provided an update regarding the Scheme of Arrangement between HUL and Kwality Wall’s (India) Limited (KWIL). This disclosure is made pursuant to observation lette...
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Why is Hindustan Unilever Limited in the news today?
Hindustan Unilever Limited (HINDUNILVR) is in the news due to the announcement is a routine update regarding an internal appointment within a demerged entity and does not inherently contain positive or negative financial news.
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HUL Updates on Kwality Wall's Scheme: Rohit Jhunjhunwala Appointed Internal Auditor
December 30, 2025, 04:11 PM
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Hindustan Unilever Limited (HUL) has provided an update regarding the Scheme of Arrangement between HUL and Kwality Wall’s (India) Limited (KWIL). This disclosure is made pursuant to observation letters received from NSE and BSE. Kwality Wall’s (India) Limited, through a letter dated December 30, 2025, informed HUL of material events concerning the Scheme.
In a significant development, the Board of Directors of Kwality Wall’s (India) Limited, in its meeting held on December 30, 2025, approved the appointment of Mr. Rohit Jhunjhunwala as the Internal Auditor of the company for the Financial Year 2025-26, effective immediately.
Mr. Rohit Jhunjhunwala, a Chartered Accountant, brings over a decade of experience in Audit, M&A, Business and Operational Finance, and Risk Management. He has previously held roles at KPMG and Deloitte, and spent the last 10 years with Unilever, serving as Risk Manager for Hindustan Unilever Limited and in various capacities within Operational Supply Chain Finance and Business Finance for Home Care and Foods & Refreshment categories. He was also instrumental in establishing Kwality Wall’s India Limited as part of the demerger process and has transitioned to the newly demerged entity.
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