Magnum Ventures Ltd. Share Price

NCLT Approves - Magnum Ventures’ Demerger Scheme

The National Company Law Tribunal (NCLT), Allahabad Bench at Prayagraj, has pronounced its order approving the First Motion Application in relation to the Scheme of Arrangement between Magnum Ventures Limited (Demerged Company) and Magnum Paperz Limited (Resulting Company). The order, pronounced on September 22, 2026, and published on September 25, 2026, paves the way for the segregation of Magnum Ventures' paper manufacturing business from its hospitality business into two separate listed entities. Demerged Company : Magnum Ventures Limited (retaining the Hotel Business Resulting Company : Magnum Paperz Limited (incorporating the Paper Business NCLT Bench & Order Date :Allahabad Bench, Prayagraj; Pronounced on Sept 22, 2026 Equity Share ExchangeRatio : 2 New Equity Shares of ₹10 each in Magnum Paperz for every 10 Equity Shares of ₹10 held in Magnum Ventures Preference Share Exchange Ratio : 9 New CRPS of ₹100 each in Magnum Paperz for every 10 CRPS of ₹100 held in Magnum Ventures

Magnum Ventures is a diversified company

Kwality Wall’s (India) Ltd (KWIL) Begins Independent Journey Post-Demerger from HUL

Kwality Wall’s (India) Ltd (KWIL), the demerged ice cream arm of Hindustan Unilever, officially commenced independent operations following the NCLT-approved demerger effective December 1, 2025, with a record date of December 5, 2025. Shareholders received one KWIL share for every HUL share held, marking a landmark corporate restructuring in India’s FMCG sector. The newly listed entity owns iconic brands like Kwality Wall’s, Cornetto, and Magnum, contributing ₹1,783 crore (3% of HUL’s FY25 turnover) and operating within a high-growth segment poised to benefit from rising consumption and formalization. Post-demerger, The Magnum Ice Cream Company — Unilever’s global ice cream unit — holds 61.9% of KWIL, ensuring continued strategic alignment and innovation support. The standalone structure allows KWIL to pursue focused growth, dedicated capital allocation, and agile decision-making. Listed on stock exchanges in Q4 FY26 (by March 2026), KWIL is expected to attract investor interest as one of India’s few pure-play listed ice cream companies. With strong brand equity, R&D backing, and increasing demand for premium frozen desserts, KWIL is well-positioned to scale. For HUL, the move sharpens focus on core FMCG segments, while shareholders gain direct exposure to an asset-light, high-potential consumer business riding India’s evolving taste economy. The demerger unlocks value and sets the stage for both entities to grow independently.

HCLTech Partners with Magnum Ice Cream Company to Build AI-Led Digital Infrastructure

HCL Technologies (HCLTech) has entered into a multi-year strategic partnership with The Magnum Ice Cream Company (TMICC), the world’s largest ice cream maker, to modernize and manage its global digital foundation. The collaboration aims to build a future-ready, AI-powered IT infrastructure as TMICC transitions into an independent listed entity. Under the agreement, HCLTech will deploy its AI Force platform to embed artificial intelligence across TMICC’s IT ecosystem. The partnership will focus on predictive analytics, enhanced business process visibility, and improved user experience, enabling scalable and resilient IT operations across global markets. A key element of the engagement is TMICC’s shift from traditional AIOps to a NoOps operating model, allowing zero-touch automation and autonomous IT operations through agentic AI solutions. This transformation is expected to significantly improve operational efficiency while reducing manual intervention. HCLTech will also support TMICC’s Transition Service Agreement (TSA) exit from Unilever, helping the company establish a greenfield IT infrastructure designed for long-term growth and digital agility. The deal strengthens HCLTech’s presence in the consumer packaged goods (CPG) sector and reinforces its leadership in managing complex, global digital transformations. For investors, the partnership highlights HCLTech’s continued traction in high-value, AI-driven, long-duration enterprise contracts. Disclaimer: This article is for informational purposes only and does not constitute investment advice.

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Nuvama’s View on Kwality Walls Demerger and HUL Outlook

Nuvama expects Kwality Walls (KWIL), the demerged ice cream unit of Hindustan Unilever (HUL), to list in February at an estimated ₹50–55 per share, implying a valuation of ₹1,200–1,500 crore. The proposed listing would value KWIL at around 5x EV/sales, a discount to HUL’s 9x, reflecting its smaller scale and mid-single-digit EBIT margins recently impacted by weather. As a standalone entity, KWIL will be one of India’s few listed pure-play ice cream businesses, with ₹2,000 crore in revenue. It will benefit from the global innovation and brand strength of The Magnum Ice Cream Company, enhancing its competitive edge over local players. Nuvama highlights strong category tailwinds: the Indian ice cream market is expected to grow at ~15% CAGR through 2031, supported by improving cold chains and rising demand in tier-2/3 towns. The GST cut from 18% to 5% is a key catalyst, boosting affordability and accelerating the shift from unorganised to organised brands. The demerger allows focused management and strategy for KWIL, while HUL stands to gain 50–60 bps improvement in EBITDA margin post-exclusion of the unit. From Q3 FY26, ice cream will be reported as a discontinued operation. Nuvama maintains a ‘Buy’ rating on HUL with a target price of ₹3,195, seeing the demerger as value-accretive — offering investors dual exposure to a leaner, margin-enhanced FMCG giant and a high-growth dedicated ice cream business poised for formalisation and expansion.