HUL sets December 5 as record date for demerger of ice-cream business Kwality Wall’s. Scheme effective on Dec 1

Hindustan Unilever has set December 5, 2025, as the record date for the demerger of its ice-cream business into Kwality Wall’s (India) Limited. This move aims to unlock value by separating the high-growth segment, with The Magnum Ice Cream Company acquiring a majority stake.