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Every Spin-Off
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Kwality Wall's (India)

KWIL INCompletedIN
What it does

Makes and sells ice cream in India under the Kwality Wall's, Cornetto and Magnum brands, through freezer cabinets in shops and other retail outlets.

Ice creamConsumer staples

Hindustan Unilever demerged its ice cream business into Kwality Wall's (India) on a 1:1 basis (record date 5 December 2025), with listing on NSE and BSE and a 26% open offer by The Magnum Ice Cream Company.

Distribution date
16 Feb 2026
Structure
Spin-off
Parent
Hindustan Unilever (HINDUNILVR IN)
Spin-off ticker
KWIL IN
Listing
NSE and BSE
Market
India
Sector
Consumer staples
Size
small

Source documents

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