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NRIPage | Articles | #demerger | Get Latest Political News & Updates, Sports News, Latest NRI News & Updates, Latest International News & Updates in India, USA & other countries around the world in - NRI Page
Hindustan Unilever Ltd. (HUL) has approved a plan to demerge its ice cream operations, including well-known brands like Kwality Wall’s, Magnum, and Cornetto. Shareholders of HUL will receive shares in the new entity after the demerger is completed. The new company will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
This decision follows the board’s earlier approval to separate the ice cream business, which is expected to enhance operation
Hindustan Unilever Ltd. (HUL) has approved a plan to demerge its ice cream operations, including well-known brands like Kwality Wall’s, Magnum, and Cornetto. Shareholders of HUL will receive shares in the new entity after the demerger is completed. The new company will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
This decision follows the board’s earlier approval to separate the ice cream business, which is expected to enhance operation
