Corporate Moves and Dividend Announcements Drive Market Attention
Hindustan Unilever Ltd. announces CFO Ritish Tiwari's transition to Global Head of M&A and Treasury at parent company Unilever, with Niranjan Gupta set to succeed him as CFO from September 2025. The leadership shuffle underscores Unilever's strategic focus on global integration and financial stewardship.
Vedanta Ltd. approves a second interim dividend of ₹16 per share, totaling ₹6,256 crore, following an earlier ₹7 per share payout in June. The aggressive dividend policy signals confidence in cash FLOW stability despite macroeconomic headwinds.
Ahmedabad-based Sellwin Traders secures a 51% stake in Dubai's Global Market Insights IT Services, marking its strategic expansion into Gulf region technology services. The MoU positions the firm for cross-border digital infrastructure growth.