Hindustan Unilever (HINDUNILVR) — Corporate Action

Hindustan Unilever Limited's NCLT-sanctioned demerger of its ice cream business to Kwality Wall's (India) Limited has been approved on 1:1 share entitlement ratio for HUL shareholders. The scheme separates the ice cream undertaking (Kwality Wall's, Cornetto, Magnum brands) into an independent listed entity, allowing HUL to focus on core FMCG while enabling the demerged ice cream company dedicated growth strategies. The effective date is the first calendar date following regulatory compliance fulfillment.

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About Hindustan Unilever Limited (HINDUNILVR)

Fast Moving Consumer Goods · Diversified FMCG · Listed on NSE

Market Cap: ₹5,33,874.13 Cr P/E: 36.8 ROE: 29.4% ROCE: 27.4%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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