Datasamudra, the data centre division of Teleindia Datacenter, plans to invest Rs 300-500 crore over the next few years to expand its footprint outside Bengaluru, according to people familiar with the matter. The company will set up a 35-40 MW artificial intelligence (AI)-driven data centre in
HUL–Kwality Wall’s Demerger: Last Day Today To Become Eligible For 1:1 Share Benefit
HUL–Kwality Wall’s Demerger: Last Day Today To Become Eligible For 1:1 Share Benefit
HUL-Kwality Wall's Demerger: Investors have the last day today, i.e, November 04 to become eligible for the share entitlement ratio of HUL-Kwality Wall's demerger.
The record date to determine the HUL investors' eligibility for KWIL's equity shares has been fixed at December 5, 2025. Due to T+1 settlement, shares will be settled the next day. Investors must buy shares today to appear in the record book of the company on November 05.
HUL announced its plan to demerge its ice cream business Kwality Wall's in January 2025, following which the proposal received approvals from the BSE and the NSE in May. Shareholders also gave their approval in August.
The demerger became effective from December 01, 2025.
The share entitlement ratio has been finalised at 1:1, which means one equity share of KWIL of a face value of Re 1 will be offered for every equity share held in HUL, according to the statement.
The listing is expected in the fourth quarter of FY26 (January-March 2026), subject to regulatory approvals, HUL's executives said during a recent analyst call.
The Demerged Company is one of India's leading private sector companies and is engaged in the business of manufacturing, marketing, distribution and sale of fast-moving consumer goods (FMCG).
Kwality Wall's, one of India's most recognisable ice cream and frozen dessert brands, is owned by Hindustan Unilever and has built a strong presence across the country with its wide range of affordable indulgences. Known for household favourites like Cornetto, Feast, Paddle Pop and Magnum, the brand has positioned itself around fun, comfort and everyday treats.
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Source: News18
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Datasamudra, the data centre division of Teleindia Datacenter, plans to invest Rs 300-500 crore over the next few years to expand its footprint outside Bengaluru, according to people familiar with the matter. The company will set up a 35-40 MW artificial intelligence (AI)-driven data centre in
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