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The latest announcement is out from Hindustan Unilever Limited ( (IN:HINDUNILVR) ).
Hindustan Unilever Limited has announced the allotment of shares for Kwality Wall’s (India) Limited (KWIL) as part of an approved Scheme of Arrangement. This demerger involves transferring HUL’s ice cream business to KWIL, creating a leading listed ice cream company in India. The move is expected to provide focused management and strategic flexibility, enabling the business to fully realize its potential in the market. The scheme’s effective date is set for December 1, 2025, with the allotment of shares to be completed by December 29, 2025.
More about Hindustan Unilever Limited
Hindustan Unilever Limited (HUL) operates in the consumer goods industry, focusing primarily on products such as food, beverages, cleaning agents, personal care products, and water purifiers. The company is a key player in the Indian market, known for its diverse range of brands and extensive market reach.
Average Trading Volume: 130,246
Technical Sentiment Signal: Buy
Current Market Cap: 5759.1B INR
For a thorough assessment of HINDUNILVR stock, go to TipRanks’ Stock Analysis page.