Tanwani will report directly to Bharat Puri, Managing Director of Pidilite Industries
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"The Indian consumer sector's long-term prospects far outweigh the near-term weakness," he adds
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The brand spent Rs 3247 crore in the same quarter last year
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In the second quarter, HUL's revenue hits Rs 15,729 crore as the home care segment leads with Rs 5,731 crore in sales
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The final decision on the matter will be reported following SEBI regulations and other relevant laws
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For FY2023-24, the water purification business accounted for less than 1 per cent of HUL's total turnover
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His new role will be effective from 1 June 2024, succeeding Madhusudhan Rao
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