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 ...

(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 ...

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).