Hindustan Unilever Sets Record Date for Ice Cream Business Demerger, Shareholders to Receive Kwality Wall's Shares

Overview

Hindustan Unilever Limited (HUL) has announced December 5, 2025, as the record date for determining shareholders eligible to receive shares of its demerged ice cream business, Kwality Wall’s (India) Ltd (KWIL). This move follows NCLT approval and aligns with Unilever PLC's global strategy to create an independent ice cream entity. Shareholders will receive one KWIL share for every HUL share held.