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HUL-Kwality Walls Demerger: The demerger of Hindustan Unilever Ltd (HUL) and Kwality Walls India Ltd (KWIL) will become effective on December 1, 2025, according to a company statement. The record date to determine the HUL investors’ eligibility for KWIL’s equity shares has been fixed at December 5, 2025.

The share entitlement ratio has been finalised at 1:1, which means one equity share of KWIL of a face value of Re 1 will be offered for every equity share held in HUL, according to the statement.

HUL announced its plan to demerge its ice cream business Kwality Walls in January 2025, following which the proposal received approvals from the BSE and the NSE in May. Shareholders also gave their approval in August.

Kwality Walls Listing Date

The listing is expected

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