1 year ago
HUL CFO Change, Vedanta Dividend, and Other Corporate Updates
Several companies announced important news.
Hindustan Unilever (HUL) is getting a new CFO, with Niranjan Gupta taking over from Ritesh Tiwari, who is moving to Unilever in London.
Vedanta is giving out more money to shareholders as a dividend.
Sellwin Traders is buying a part of a Dubai IT company.
Kalpataru Ltd has lowered their debt.
These are some of the latest financial moves by businesses.
HUL CFO Ritesh Tiwari to become Global Head of M&A and Treasury at Unilever.
Niranjan Gupta appointed HUL CFO-Designate, effective September 1, 2025.
Vedanta approves a second interim dividend of Rs 16 per share.
Sellwin Traders to acquire a 51% stake in Global Market Insights IT Services.
Kalpataru Ltd's net debt decreased by 15% due to an IPO.
- Who
- HUL, Vedanta, Sellwin Traders, and Kalpataru Ltd, along with other entities.
- What
- Multiple companies announced significant business developments, including leadership changes and financial actions.
- Where
- India, Dubai, and London.
- When
- Announcements were made on August 22, 2025.
- Why
- To announce financial results, leadership changes, acquisitions, and strategic decisions.
Key facts
- HUL CFO-Designate
- Niranjan Gupta
- Vedanta Dividend
- Rs 16 per share
- Sellwin Traders Acquisition
- 51% stake in GMIIT
- Kalpataru Ltd Debt Reduction
- 15%
- HUL CFO Effective Date
- September 1, 2025
Timeline
Ritesh Tiwari shifts to a global role.
Then, Hindustan Unilever named Niranjan Gupta as the new CFO.
Quotes
Priya Nair
HUL CEO & MD
“I would like to thank Ritesh for his leadership and contribution to HUL.”
financialexpress.com
“His elevation to the global role is yet another testament to HUL’s strong leadership pipeline.”
financialexpress.com
Sources
HUL names ex-CEO of Hero MotoCorp Niranjan Gupta as CFO
HUL names ex-Hero MotoCorp CEO Niranjan Gupta as CFO; Ritesh Tiwari moves to global role
Niranjan Gupta named HUL CFO, succeeds Ritesh Tiwari
Why these 10 stocks will remain in focus: HUL, Vedanta, Kalpataru, Sellwin Traders and others
