Hindustan Unilever Ltd (HUL), will merge its food and refreshment business into one division, in South Asia with effect from July 1.

In a regulatory filing the company stated, “This integration will help HUL increase organisational agility and better serve local consumers while harnessing the advantage of global scale. The integration of these two categories is also in alignment with the structure of Unilever globally.”

Further, as per the new integration, Sudhir Sitapati Executive Director, Refreshments at HUL will be redesignated as Executive Director F&R and will be responsible for integrated F&R business and Geetu Verma, Executive Director Foods, India will be moving to the Dutch port city Rotterdam as Global VP-Nutrition & Natural Platforms, Unilever.

Read EquityPandit’s Technical Analysis of HUL Outlook for the Week