The National Company Law Tribunal has sanctioned the Scheme of Arrangement for the demerger of the Ice Cream Business Undertaking between Hindustan Unilever and Kwality Wall’s (India) Limited. The effective date will be the first calendar date of the month following the fulfillment of conditions as per Clause 20 of the Scheme. Hindustan Unilever will intimate the effective date to the stock exchanges.
NCLT Sanctions Scheme of Arrangement
Hindustan Unilever has announced that the Hon’ble National Company Law Tribunal, Mumbai Bench, has sanctioned the Scheme of Arrangement for the demerger of the Ice Cream Business Undertaking between the Company and Kwality Wall’s (India) Limited. This was announced on October 30, 2025.
Effective Date and Further Intimation
According to the scheme, the Effective Date is the first calendar date of the month after the fulfillment of conditions mentioned in Clause 20. The company will communicate the Effective Date to the Stock Exchanges in due course. The company made the announcement on October 30th, 2025.
Source: BSE
