(REUTERS) HUL has received a go-ahead from BSE and NSE for the demerger of the company’s ice cream business. The demerger will lead to the creation of a new entity - Kwality Wall's (India ...

FMCG major Hindustan Unilever Limited (HUL) on Wednesday announced that its board has approved the demerger of its ice cream business Kwality Wall's (India) Limited (KWIL) into a separately listed ...

The giant’s ice cream business includes popular brands like Kwality Wall’s, Cornetto, and Magnum and the demerger will lead to creation of a new entity – Kwality Wall’s (India) Limited (KWIL).