Announced Mon, 29 Jun · 20:25 IST
Kwality Wall's board approves 3-yr IP deal; royalty 0% till Mar 2027
KWIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹34.81
prior close
₹35.34
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.3-0.9-0.3-2.6-2.4-2.5-4.9-8.2-5.9-3.1———
Up moveDown movePending
AI summary
Board on 29 Jun 2026 approved a 3-year IP licence deal with Magnum IP Holdings B.V. (related party, same Magnum Ice Cream group). Royalty is 0% until 31 Mar 2027, then 1% of turnover for FY28 and FY29. Deal supersedes the earlier post-demerger transitional arrangement. Also, Mr. Rohit Jhunjhunwala ceases as Senior Management Personnel from 1 Jul 2026 for a new leadership role. Ms. Dimple Lalwani appointed Internal Auditor for FY26-27.
Likely market impact
Zero royalty till Mar 2027 eases post-demerger costs and supports margins. KMP exit for internal role is routine.