Shanthala FMCG Products Limited Board Reviews Forensic Audit and Announces End of Distributorship with HUL
Shanthala FMCG Products Limited held a board meeting on August 06, 2026, during which several key operational and regulatory matters were reviewed by the Board of Directors. Among the decisions made was the review of an ongoing forensic audit and the termination of a major business arrangement.The Board took note of the status of the forensic audit being conducted by M/s GuruJana Consulting LLP, Forensic Auditor, and formally recorded the Forensic Audit Board Presentation.
In a significant operational update, the company confirmed the termination of its distributorship arrangement with Hindustan Unilever Limited (HUL).
Additionally, the meeting noted the receipt of notices from the National Stock Exchange of India Limited regarding non-compliance matters related to the company.
The board meeting commenced at 12:00 P.M. and concluded at 01:30 P.M.
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