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HINDUNILVR
has got the green light to spin off its ice-cream brands—Kwality Wall’s, Cornetto, and Magnum—into a separate listed company. With near-unanimous shareholder approval (99.99%), existing HUL investors will get 1:1 shares in the new entity. The change aims to sharpen focus and unlock value, targeting completion by FY26-end. What will this mean for the sweet treat business?
Demergers like these are done to better focus on the standalone business because now as a separate entity. The company might have its own management and financial structure. This helps the entity to grow better and focus on growing its own brand and market presence.
What are your views on it? Do comment!
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