Per the demerger, every shareholder will receive one Kwality Walls share for each HUL share owned. The move was approved during the board meeting today when HUL announced a 1:1 share ratio for its exi ...

HUL has created a new subsidiary, Kwality Wall's (India) Ltd, for the demerger of its ice cream business. This decision follows a recommendation by an Independent Committee.

Earlier on November 25, 2024, HUL approved the demerger of the ice cream business, which owns brands like Kwality Wall's, Cornetto and Magnum into an independent listed entity. Advt ...

FMCG major HUL on Friday said it has incorporated a new subsidiary Kwality Wall’s for the proposed demerger of the ice cream business of the company. Kwality Wall’s (India) Ltd (KWIL ...