Hindustan Unilever Limited
Code: HINDUNILVR | Category: Demerger
Type: Scheme of Arrangement
Document Timeline (6 versions)
Original
May 14, 2025Version 2
January 22, 2025Version 3
October 30, 2025Version 4
November 18, 2025Version 5
February 09, 2026Version 6
February 13, 2026Version 6 Details
| Announcement Date: | February 13, 2026 |
|---|
Demerger Information
| Resulting Entity: | Kwality Wall’s (India) Limited |
|---|---|
| Demerged Business: | Ice Cream Business Undertaking |
| Remaining Business: | Hindustan Unilever Limited |
| Demerger Ratio: | 1:1 |
| Listing Exchange: | BOTH |
| Record Date: | 2025-12-05 |
| Appointed Date: | 2026-02-12 |
| Effective Date: | 2026-02-16 |
| Board Approval: | 2026-02-07 |
| NCLT Approval: | 2025-10-30 |
| Valuation: | ₹1595 Crores |
| Status: | Nclt_approved |
Rationale
Following the announcement by the Demerged Company’s parent entity, Unilever PLC, of its intention to separate its ice cream business globally, the Board of the Demerged Company had undertaken a comprehensive review and had decided to separate the Ice Cream Business Undertaking in view of its different operating model, including differentiated infrastructure for supply and distribution, capital allocation needs, distinct channel landscape and go-to-market strategy.
Document
View PDF https://nsearchives.nseindia.com/corporate/HINDUNILVR_13022026140635_SEIntimationKWIL13022026signed.pdfDocument
AI Analysis
Get detailed AI-powered insights about this event
Login required