Hindustan Unilever Limited — Important, 11-06-2025: General Updates

Hindustan Unilever has announced a board meeting to approve the demerger of its Ice Cream Business into a separate listed company, Kwality Wall’s (India) Limited. This aligns with Unilever PLC’s global strategy to separate ice cream operations, aiming to create focused businesses with clearer growth paths. Shareholders will get one Kwality Wall’s share for every Hindustan Unilever share they hold. The demerger is expected to unlock value and improve operational flexibility, with both companies maintaining strong net worth to support creditor obligations.