Hindustan Unilever Limited (HUL) has announced an important update tied to its ongoing corporate restructuring. As part of the approved Scheme of Arrangement for the demerger of HUL’s Ice Cream Business Undertaking into Kwality Wall’s (India) Limited (KWIL), the company has fixed Friday, December 5, 2025, as the Record Date.
This Record Date will be used to determine which HUL shareholders are eligible to receive equity shares of KWIL.
Share Entitlement Ratio
Under the approved scheme, all eligible shareholders will receive:
- 1 equity share of KWIL (face value Re.1 fully paid-up)
for every 1 equity share of HUL (face value Re.1 fully paid-up)
The Board of KWIL has also approved the same Record Date and confirmed the relevant effective timelines for the demerger process.
What This Means for Shareholders
This restructuring move is designed to give the ice cream business its own dedicated identity and growth path, while allowing HUL to streamline its core categories. Shareholders will now directly participate in the future performance of both entities through separate shareholdings.
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