News > HUL announces demerger of Kwality Wall's ice cream biz into listed entity

HUL announces demerger of Kwality Wall's ice cream biz into listed entity

Business Standard | 22/01/2025 07:02 PM | Click to read full article

HUL shareholders will receive one share of Kwality Wall’s (India) Ltd (KWIL) for every HUL share they own. HUL’s shareholders will hold entire shareholding of KWIL. “KWIL will be a leading listed ice cream company in India, with an experienced management equipped with greater focus and flexibility to deploy strategies suited to its distinctive business model and market dynamics, thus realising its full potential,” the release said.

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