NCLT clears HUL’s ice cream business demerger into Kwality Wall’s (India) Ltd
Published on: Nov. 11, 2025, 7:31 p.m. | Source: CNBC TV18
The demerger follows Unilever PLC’s decision to separate its ice cream operations globally. HUL’s board had cleared the plan on January 22, citing distinct business models, supply chains, and capital needs.
