demerger Archives

HUL board approves demerger of ice cream enterprise into Kwality Wall’s

January 22, 2025January 22, 2025realitypostLeave a Comment

The Board of Administrators of Hindustan Unilever (HUL) at its assembly held at present, accredited a scheme of association, between HUL and its wholly-owned subsidiary, Kwality Wall’s (India) to demerge HUL’s ice cream enterprise into KWIL. Pursuant to the scheme, one fairness share of KWIL will likely be allotted for each one fairness share held […]

HUL approves demerger of ice cream enterprise

November 25, 2024November 25, 2024realitypostLeave a Comment

Hindustan Unilever’s Board of Administrators has granted in-principle approval to demerge its Ice Cream enterprise into an impartial listed entity. The transfer, geared toward maximising shareholder worth, is topic to vital approvals and authorized procedures. Shareholders of HUL will obtain shares within the new entity in proportion to their present holdings. The ultimate determination on […]