HUL sells Annapurna, Captain Cook to Reactivate Brands for ₹60 cr

Hindustan Unilever Limited (HUL) announced that it has entered a definitive agreement to sell its flour brand Annapurna and salt brand Captain Cook to Uma Global Foods and Uma Consumer Products for ₹60.4 crore. The two companies are subsidiaries of Singapore-based Reactivate Brands International. HUL said the transaction is in line with the stated intent of "exiting non-core categories".