HUL splits off Kwality Wall’s as standalone ice-cream firm
India’s booming ice-cream market has prompted Hindustan Unilever to demerge its ice-cream business — including Kwality Wall’s, Cornetto and Magnum — into a separate listed company, Kwality Wall’s (India) Ltd. (KWIL), effective December 1, 2025. The record date for entitlement was set at December 5: each HUL shareholder receives one KWIL share for every HUL…