HUL has created a new subsidiary, Kwality Wall's (India) Ltd, for the demerger of its ice cream business. This decision follows a recommendation by an Independent Committee. HUL shareholders will ...

Credit: Pure Ice Cream’s Facebook page. Pure Ice Cream, the owner of the Kwality brand, is investing in a new factory in Dubai in a project expected to create around 300 jobs. The company ...

The demerger is anticipated to be finished by FY26. HUL CEO & MD Rohit Jawa claims "The demerger will unlock fair value for HUL shareholders and give them the flexibility to stay invested in ice cream ...