Kwality Wall’s (India) shares were listed in the Indian stock market on Monday after the completion of its demerger from Hindustan Unilever Ltd (HUL). Kwality Wall’s share price began trading at ₹29.90 apiece on the BSE.
On NSE, Kwality Wall’s (India) shares were listed at ₹29.80 apiece.
The listing of equity shares of Kwality Wall’s follows the demerger of the ice-cream business from Hindustan Unilever (HUL). On February 13, the FMCG major had announced that Kwality Wall’s shares will start trading on BSE and NSE from February 16.
In November 2024, HUL approved the demerger of the ice cream business, which operates popular brands including Kwality Wall’s, Cornetto and Magnum. It received National Company Law Tribunal (NCLT) approval for the demerger scheme on October 30, 2025.
HUL demerger came into effect on December 1, 2025 after the company received approval from the NCLT. HUL demerger record date for determining shareholder eligibility was December 5.
