Kwality Walls India to List on Feb 16 After HUL Demerger

• Hindustan Unilever Ltd's demerged ice-cream arm, Kwality Walls India Ltd (KWIL), will list on stock exchanges on February 16.
• HUL became ex-ice-cream business on December 5 as part of the demerger process.
• Shareholders received one equity share of KWIL for every one share held in HUL.
• Kwality Walls contributed approximately 3% of HUL's overall revenue, roughly ₹1,800–2,000 crore, with low single-digit margins.
• The demerger aims for sharper strategic focus, with KWIL valued between ₹10,000–12,000 crore at separation.