Kwality Wall’s demerger to be completed by end of FY26, says HUL

FMCG major Hindustan Unilever Limited (HUL) is in process to demerge its popular ice-cream business – Kwality Wall’s (India) Limited (KWIL). The demerger scheme is said to be completed by end of current financial year 2025-26 (FY2026).

“The demerger process of Kwality Wall’s is still under the process and that the demerger will be completed by end of current financial year 2025-26 (FY2026),” the company said.

Announced in January 2025, the ice-cream business will become a separate listed entity on the stock exchange post demerger. It received regulatory approvals from BSE and NSE in May.