Announced Fri, 10 Apr · 20:25 IST
Open offer by Magnum at ₹21.33/share for 26% stake
Capital Market Events View source PDF
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
+1.7%1-day move
₹24.80
prior close
₹24.31
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.4-0.5+0.1+1.7+2.0+5.2+12.5+11.6+13.7+21.0+12.2+50.2+31.3
Up moveDown movePending
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.