HUL–Kwality Wall’s Demerger: Record Date Set for Tomorrow (Dec 5)

Hindustan Unilever Ltd (HUL) has confirmed that Friday, December 5, 2025, will be the Record Date for determining eligible shareholders who will receive shares of Kwality Wall’s (India) Limited (KWIL) as part of the company’s ice-cream business demerger. 

With the effective date already in place, the upcoming record date marks a crucial milestone for shareholders awaiting allocation.

Scheme Effective From December 1

The demerger process formally came into effect on December 1, 2025, following the completion of all regulatory procedures under the Scheme of Arrangement between HUL and KWIL. This includes the filing of the certified National Company Law Tribunal (NCLT) orders with the Registrar of Companies (ROC), Mumbai. 

The NCLT had previously sanctioned the Scheme and issued a rectification order dated November 6, 2025, both of which have now been recorded by HUL’s Board.

Share Entitlement Ratio

As per the approved Scheme, eligible shareholders recorded on the books as of tomorrow will receive shares in KWIL in a 1:1 ratio, meaning one equity share of Re 1 in KWIL for every one equity share of Re 1 held in HUL. KWIL’s Board has also approved the same Record Date, ensuring alignment across both entities.

Mandatory SEBI-Compliant Disclosure

This announcement is part of HUL’s ongoing obligation to disclose all material developments related to KWIL. The company is required to provide continuous updates in line with the conditions stated in the Observation Letters and under Regulation 30 and Schedule III of SEBI’s Listing Obligations and Disclosure Requirements (LODR). This compliance ensures full transparency for investors ahead of the spin-off.

Also Read: HUL Ice Cream Business Demerger: Check Impact on Your Holdings!

Conclusion

With the record date falling tomorrow, HUL shareholders are closely tracking the final steps of the Kwality Wall’s demerger. Market participants may also see focus on HUL and KWIL in the coming sessions as the spin-off progresses and trading interest builds around the newly formed entity.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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