Unilever PLC’s India unit closes 3.07 billion-rupee Nutritionalab exit in wellness reshuffle
Hindustan Unilever has sold its entire 19.8% stake in Nutritionalab Private Limited for about 3.07 billion rupees, according to a stock exchange filing. The sale, completed March 4, follows a February board decision to divest as part of a portfolio shift toward premium beauty and wellbeing categories in India.