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Tuesday, August 7, 2007

Hindustan Unilever board approves allotment under ESOP

The committee of the board of Hindustan Unilever in its meeting held on Aug.03, 2007, approved the allotment of 1,18,150 equity shares of Re 1/- each, under employee stock option plan (ESOP).Thus, the paid-up capital of the company increased to 2,207,095,279 shares.

The company registered 29.55% growth in net profit to Rs 4,930.80 million for the quarter ended June 2007, as compared with Rs 3,805.90 million, for the corresponding quarter last year.

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