What Just Happened ?
HUL spun off its ice cream business into KWIL. Every HUL shareholder got 1 free KWIL share for every share they owned. No exceptions.
The Financial Crisis Nobody Talks About
Q2 FY26: Volume growth hit 0%. Revenues barely grew +2.1%. HUL’s margins were under siege. Something had to go.
Ice Cream Was Killing HUL’s Profits!
The segment runs at 7–8% margins vs HUL’s 22–23%. ice cream actually DECLINED YoY.—dragging overall performance.
Your 1:1 Free Share Benefit
Hold 50 HUL? Get 50 KWIL free. Hold 100 HUL? Get 100 KWIL free. No dilution. Pure value unlock.
Timeline: When You Get Your Shares
Shares will be credited by Dec 29, 2025. Listing expected in Jan–Feb 2026. Analysts estimate a ₹50–₹60 listing range.
Why This Move Helps Investors
HUL gets cleaner margins; KWIL gets startup-like speed. Investors now own a stable FMCG giant + a high-growth ice cream company.
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