HUL has signed a share purchase agreement to acquire 90.5% of Minimalist's shares for INR 2,670 crore through a secondary buyout, complemented by a primary infusion of INR 45 crore into the company.

Apart from that, HUL has acquired a 90% stake in Minimalist for an enterprise value of Rs 2,955 crore. It is a beauty brand founded in 2020 by Mohit Yadav and Rahul Yadav. The company said it will ...

HUL has acquired a 90.5% stake in Minimalist for Rs 2,670 crore, making it one of the biggest acquisitions in the country's startup ecosystem.

In an exchange filing, the company said that its board ... of the financial year 2025-2026 (Q1 FY26) HUL will acquire the shares from Minimalist founders Mohit Yadav and Rahul Yadav, Peak ...

Hindustan Unilever will initially acquire a 90.5% stake in the direct-to-consumer brand through secondary buyouts and primary investment, with the remaining 9.5% to be purchased from founders in ...

The balance 9.5% will be acquired from the founders of Minimalist ... On Wednesday, the HUL board also approved the demerger of Kwality Wall's, an ice cream company. Following this, the resultant ...

Founders of Minimalist. The company’s ice cream business will be demerged into Kwality Wall’s (India) Limited. “The Board of Directors approved a scheme of arrangement, between HUL and its ...

“HUL to acquire 90.5 percent stake in the ... For the investor and the duo, the returns are impressive considering the company was founded only five years ago. Minimalist was founded by ...