The listing follows the demerger of Hindustan Unilever's ice cream business into Kwality Wall's (India), effective 1 December 2025 under a scheme approved by the National Company Law Tribunal. Shareholders of Hindustan Unilever as of 5 December 2025 received one share of Kwality Wall's for every share held. The company owns brands such as Magnum, Cornetto and Twister and operates in over 400 cities with a distribution network of more than 200,000 outlets.
Separately, Kwality Wall's informed the exchanges that an open offer has been announced by The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. to acquire up to 26% of the company's voting share capital from public shareholders at Rs 21.33 per share, aggregating to about Rs 1,303 crore, subject to full acceptance. The open offer has been triggered by a share purchase agreement under which the acquirer will buy a 61.90% stake, or about 145.44 crore shares, from Unilever group entities for around Rs 2,998 crore. Upon completion of the transaction and assuming full acceptance of the open offer, the acquirer's stake could rise to 87.90%. The offer will be made in cash and is not subject to a minimum acceptance condition. The company has stated that there is no intention to delist the shares.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: