HUL sets demerger record date for December 5
pre-market1 source ↓written by the desknot a recommendation
- effective
- 1 Dec 2023
- is set
- 5 Dec 2023
Hindustan Unilever Ltd (HUL) has announced a demerger of its ice cream business, Kwality Wall's, effective from 1 Dec 2023. The record date for shareholders is set for 5 Dec 2023. Post-demerger, Kwality Wall's will operate as an independent entity listed on NSE and BSE, enhancing market focus on both companies. 📈
Not investment advice. For informational purposes only.