Open offer by Magnum at ₹21.33/share for 26% stake

Capital Market Events View source PDF Explain this filing

KWIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.8%Reaction day

₹24.80

prior close

₹24.31

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.0%-1.8% vs market

Dairy Products peers, median of 10sector-0.1%-1.7% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.7 pts less than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-0.4

15m

-0.5

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-0.0-1.8-0.1-1.7

Next day

+1.7+2.5-0.9+5.9-4.2

+2.0+3.7-1.7+5.7-3.7

+5.2+4.9+0.3+6.8-1.6

+12.5+4.3+8.2+4.6+7.9

+11.6+5.5+6.2+6.7+4.9

+13.7+6.6+7.1+7.7+6.0

15d

+21.0+10.3+10.7+6.6+14.4

+12.2+7.7+4.6+2.1+10.1

+50.2+13.7+36.5-0.7+50.9

+31.3+19.1+12.3-1.4+32.7

UpDownMarket · Nifty Microcap 250Sector · Dairy Products peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Magnum Ice Cream Company (Unilever's ice cream arm) is making a mandatory open offer to buy up to 26% (61.09 crore shares) of Kwality Wall's India at ₹21.33 per share, for up to ₹1,303 crore. This follows Magnum's March 30, 2026 acquisition of a 61.90% stake from Unilever group entities for ~₹2,998 crore. Kwality Wall's is the ice cream business demerged from HUL. Tendering period: April 23 to May 7, 2026.

Likely market impact

Public shareholders can tender shares at ₹21.33 between Apr 23 and May 7, 2026. Stock may see pressure as public float may drop below required levels.