New Delhi, Dec. 4 -- Hindustan Unilever (HUL) share price gained on Thursday ahead of the record date for the demerger of its ice cream business, Kwality Wall's India Ltd (KWIL). Hindustan Unilever demerger was effective on December 1, 2025, and as per the scheme, the FMCG major will transfer all its ice-cream brands - including Kwality Wall's, Cornetto, Magnum, Feast, and Creamy Delight - to the newly formed entity.

HUL demerger record date is December 5, Friday. Hence, today, December 4, is the last trading day for HUL as a combined entity. Shareholders holding HUL shares as of the record date will be entitled to receive equity shares of the demerged entity. As per the T+1 settlement cycle, today is the last day to buy HUL shares to be...