HUL demerger, Dec. 2 -- The demerger of FMCG major Hindustan Unilever's (HUL) ice-cream business, Kwality Wall's (India), became effective on December 1, 2025. Under the approved HUL demerger scheme, the company will transfer all its ice-cream brands - including Kwality Wall's, Cornetto, Magnum, Feast, and Creamy Delight - to the newly formed entity.

The ice-cream division currently accounts for about 3% of HUL's annual turnover, contributing nearly Rs.1,800 crore in revenue.

HUL demerger effective date was Monday, December 1, while the HUL demerger record date for determining shareholder eligibility is Friday, December 5. Shareholders holding HUL shares as of the record date will be entitled to receive equity shares of the demerged ent...