The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. has Submitted to the Exchange a copy of Disclosure under Regulation 18(6) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
KWIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. has acquired 145.44 crore equity shares (61.90% stake) in Kwality Wall's (India) Limited from various Unilever entities on March 30, 2026. The acquisition was completed pursuant to a share purchase agreement dated June 25, 2025, at a price of EUR 0.19 per share through an off-market transaction. The sellers included Unilever PLC, Unilever Group Limited, Unilever Overseas Holdings AG, and other Unilever group companies. This transaction represents Unilever divesting its ice cream business in India to Magnum Ice Cream Company.
This acquisition gives Magnum Ice Cream Company majority control (61.90%) of Kwality Wall's, making it the largest shareholder. This may trigger an open offer requirement under SEBI SAST regulations for remaining shareholders.