Hindustan Unilever Ltd has informed BSE that, on March 05, 2008, the Board of Directors of the Company, by way of Circular Resolution, has approved the proposal for demerger and transfer of certain properties of the Company at Bangalore to one of its 100% subsidiary, Brooke Bond Real Estates Pvt Ltd. Hindustan Unilever Ltd has informed BSE that the Equity Shareholders of the Company at its Court Convened Meeting held on April 29, 2008 have approved the resolution for approval of the Scheme of Arrangement for the demerger and transfer of certain immovable properties of Hindustan Unilever Ltd to Brooke Bond Real Estates Pvt Ltd, with requisite majority. (As Per BSE Announcement Website Dated on 30.04.2008)