Kwality Wall's (India) Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
KWIL · price
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Unilever Plc and its promoter group entities were allotted 1,45,44,12,858 equity shares (approximately 145.44 crore shares) of Kwality Wall's (India) Limited on 12th December 2025, pursuant to the Scheme of Arrangement for demerger of the Ice Cream Business Undertaking from Hindustan Unilever Limited (HUL). The NCLT Mumbai Bench approved the scheme on 30th October 2025, with a rectification order on 6th November 2025. Post-transaction, the promoter group holds 61.90% of the total share capital of Kwality Wall's, up from Nil pre-transaction. The equity shares of Kwality Wall's were listed and admitted to trading on BSE and NSE from 16th February 2026. The acquisition is exempt from open offer obligations under Regulation 10(1)(d)(ii) of SEBI (SAST) Regulations, 2011.
The promoter group, led by Unilever Plc, now holds a controlling 61.90% stake in the newly listed Kwality Wall's (India), establishing parent-level control post-demerger from HUL. For shareholders, this means strong promoter backing and strategic continuity of the ice cream business, though the high promoter holding also means limited free float in the stock.