MUMBAI:
Deepak Parekh has resigned from the board of Hindustan Unilever (HUL) with effect from December 27, 2011, after a tenure lasting more than 14 years. Parekh, who joined the HUL board as an independent director in May 1997, was also the chairman of the audit committee. In a notice to the
BSE, HUL said Parekh has chosen to step down given his several other commitments.