Earlier on November 25, 2024, HUL approved the demerger of the ice cream business, which owns brands like Kwality Wall's, Cornetto and Magnum into an independent listed entity. Advt ...

Under the demerger terms, each HUL shareholder will receive one KWIL share for every HUL share held. After the demerger and KWIL’s listing, KWIL’s entire shareholding will be directly owned by HUL ...

Rohit Jawa, CEO and managing director, HUL said: “Our Ice Cream category is a high-growth business with iconic brands such as ‘Kwality Wall’s’, ‘Cornetto’ and ‘Magnum’, operating ...

Hindustan Unilever Ltd (HUL) announced on Wednesday, January 22, that its board approved the spin-off of its ice cream business, Kwality Walls (India) Ltd, into a separately listed entity.

It has focused management with greater flexibility to deploy strategies suited to Ice Cream’s distinctive business model, read the investor presentation. Further, it said that Kwality Walls ...

As per Times of India news, Amul has been airing television commercial since March 2017 that distinguishes between ice cream and frozen ... We wish to clarify that Kwality Wall's range of 'frozen ...

Kwality Wall's (KW) is a leading frozen dessert brand. Celebrating 'happiness' for over 3 decades - making happy moments happier with every scoop! However, the category is summer heavy. KW vision was ...

The high-growth, but low-margin category contributes only 3 percent to HUL’s turnover and needs significant investments. The 'frozen desserts' tussle: HUL's Kwality Walls emerges ...

The committee noted that the ice cream business, which includes popular brands such as Kwality Wall's, Cornetto, and Magnum, has a unique operating model. It requires specialised cold chain ...

“Our Ice Cream category is a high-growth business with iconic brands such as ‘Kwality Wall’s’, ‘Cornetto’ and ‘Magnum’, operating in an attractive segment. The demerger will unlock ...