
HUL Demerger: FMCG giant receives BSE, NSE nod to spin off Kwality Walls ice cream biz— Check shareholding ratio
HUL has received a go-ahead from BSE and NSE for the demerger of the company’s ice cream business. The demerger will lead to creation of a new entity – Kwality Wall’s (India) Limited (KWIL). In a regulatory filing, HUL said that in reference to the letter dated January 22, 2025 about the decision of the…