Every Spin-Off
HHIL (consumer products)
AnnouncedINSells kitchen appliances, water heaters, faucets and other home fixtures in India under the Hindware brand.
Hindware Home Innovation's consumer products business (kitchen and consumer appliances, fixtures and fittings, water heaters, retail), whose turnover was Rs 438.6 crore in FY24; the remaining company, essentially the stake in building-products arm Hindware Ltd, merges into Hindware Ltd.
- Status
- Announced
- Expected
- Awaiting record date
- Parent
- Hindware Home Innovation (HINDWAREAP IN)
- Spin-off ticker
- To be announced
- Listing
- NSE and BSE
- Market
- India
- Sector
- Consumer discretionary
Terms
1 HHIL share (FV Rs 2) for every 1 Hindware Home Innovation share, plus 1 Hindware Ltd share for every 1 share of the remaining company, which is then dissolved; both HHIL and Hindware Ltd to list on NSE and BSE; appointed date 1 Apr 2025; NCLT Kolkata sanctioned 14 Oct 2026; record date to be fixed.
Key dates
- Board approval
- NSE no-objection
- NCLT sanction
- Record date and listing
Source documents
- Press releaseNCLT order intimation (10/16/26)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
- SourceBoard outcome: scheme of arrangement (03/27/25)
- SourceNSE no-objection (08/29/25)
Every Spin-Off research
No report on this situation yet. New reports are published on Substack first.
Receive reports by email