April 30, 2013

Hindustan Unilever Public Offer - No Delisting ??




Blog : With Hindustan Unilever 's  parent hiking stake back  to 75 % , the clock has turned back fully . In late 1970 s and early 1980 s because of FERA ( Foreign Exchange Regulation Act ) provisions , Hindustan Lever and many other MNC s had to dilute Promoters Stake. We remember Hind Lever was allowed  a higher stake for its Promoters , as Hindustan lever employed Advanced Technology ( using non- conventional oils etc in manufacturing Soaps ) .

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