Overview
- The board set Dec. 5, 2025 as the record date with a 1:1 entitlement granting one KWIL share for each HUL share held.
- The separation follows approvals this year from the board in January, stock exchanges in May, and shareholders in August.
- HUL says carving out the lower‑margin ice‑cream unit should lift reported margins by about 50–60 basis points.
- The ice‑cream business reported a year‑on‑year revenue decline in the September quarter, citing an extended monsoon and the GST transition.
- HUL shares closed modestly lower after the announcement, and most analysts tracked by Bloomberg rate the stock buy or hold.