Hindustan Lever AGM to declare dividend, name change

Hindustan Lever Ltd has announced that the 74th Annual General Meeting (AGM) of the members of the Company will be held on May 18, 2007, inter alia, to transact the following:

1. To receive, consider and adopt the Profit and Loss Account for the financial year ended December 31, 2006, the Balance Sheet as at that date & the report of the Director and Auditors thereon.

2. To declare a dividend.

3. To elect Directors.

4. To appoint M/s. Lovelock & Lewes, Chartered Accountants, Mumbai as Statutory Auditors of the Company and fix their remuneration for the year ending December 31, 2007.

5. To appoint Mr. Nitin Paranjape & Mr. Sanjiv Kakkar as Directors of the Company.

6. To appoint Mr. Nitin Paranjape & Mr. Sanjay Kakkar as Whole Time Directors of the Company to hold office till the conclusion of the next Annual General Meeting of the Company in terms of the Articles of Association of the Company, on remuneration, terms & conditions.

7. To change the name of the Company from "Hindustan Lever Ltd" to "Hindustan Unilever Ltd" and accordingly the name of Hindustan Lever Ltd wherever its appears in the Memorandum and Articles of Articles of the Company be substituted by the name Hindustan Unilever Ltd.

Source : Equity Bulls

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