HUL- KWIL Demerger: Shareholders to Get Direct Ownership in New Kwality Wall’s Entity
In a bold and strategic step, Hindustan Unilever Limited (HUL) has approved the demerger of its ice cream business, including renowned brands like Kwality Wall’s, Cornetto, and Magnum, into a standalone listed company named Kwality Wall’s (India) Limited (KWIL). The HUL ice cream demerger aims to unlock shareholder value, streamline operations, and allow focused growth...