HUL Share Price in Focus: Sets December 5 Record Date as Ice-Cream Division Demerger to Take Effect

Hindustan Unilever Ltd has confirmed that its ice-cream business will formally separate into Kwality Wall’s (India) Ltd on 1 December. The company has also fixed 5 December as the record date to identify shareholders entitled to receive shares in the newly formed entity.

The step follows regulatory clearances and aligns with Unilever’s wider restructuring plan.

Background on the HUL Demerger

HUL announced the demerger after receiving the certified National Company Law Tribunal order approving the arrangement between HUL and KWIL.

The company stated that all procedural conditions, including the filing of orders with the Registrar of Companies, have been completed. The Tribunal issued its approval on 30 October 2025 and later made a rectification on 6 November 2025.

Alignment with Unilever’s Global Plans

The separation is part of Unilever PLC’s broader strategy to establish its ice-cream operations as an independent business. HUL’s board had cleared the proposal earlier in January 2025, noting that the division functions with distinct operational and financial requirements, making an independent structure more appropriate.

Share Allocation Framework

As per the approved scheme, every HUL shareholder will receive one equity share of ₹1 in KWIL for each fully paid-up HUL share held.

After listing, KWIL will take charge of brands such as Kwality Wall’s, Cornetto and Magnum, with its own management and operational framework. Shareholders will see the change reflected in their demat account once the allotment process is completed.

Market Performance on 18 November

On 18 November 2025, HUL’s share price closed at ₹2,404.10, marking a decline of ₹20.90 or 0.86%. During the session, the stock traded within a range of ₹2,401.90 to ₹2,422.90,

Read More: Dividend Stocks: Man Infracon, IRB Infra, and More Trading Record Date Today, November 17, 2025.

Conclusion

With the effective date confirmed and the record date set, the demerger process is now moving to its final stages. Shareholders and market participants will monitor the transition as KWIL prepares to begin operations as a separate listed entity.

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