HUL Shareholders Approve Ice Cream Business Demerger
Published on: Aug. 12, 2025, 9:54 p.m. | Source: Devdiscourse
Hindustan Unilever Ltd (HUL) received approval from shareholders to demerge its ice cream division, including brands like Kwality Wall's, into an independent, publicly-traded company. The move, largely supported by 99.99% of voters, aligns with Unilever's global strategy and promises proportional share distribution to existing shareholders.
