Brands
Hindustan Unilever demerges Kwality Wall’s, 2.3 Billion shares to list on stock market
The ice cream division starts trading on BSE and NSE after demerger approval
MUMBAI: Hindustan Unilever Limited (Hul) is bringing Kwality Wall’s (India) Limited (Kwil) to the stock market. The ice cream maker will start trading its shares on the BSE and NSE, opening a new investment opportunity.
The scheme of arrangement between Hul and Kwil has received regulatory approvals. On 12 February 2026, Kwil received confirmation from both exchanges that its equity base is ready for public trading.
Kwality Wall’s is listing a total of 2,34,95,91,262 equity shares, each with a face value of Re. 1. The shares will trade under the symbol ‘KWIL’ on the NSE. Each share is individually numbered from 1 to 2,34,95,91,262.
Trading will begin on 16 February 2026. Investors can buy shares in market lots of one, allowing even small investors to participate.
The demerger marks a significant structural shift for the brand. Following the spin-off process from the Unilever Group, The Magnum Ice Cream Company will hold a 61.9 per cent controlling stake in Kwality Wall’s. This entity now serves as the dedicated home for some of India’s most well-known frozen treat brands, including Cornetto, Magnum, Feast, and Creamy Delight. The separation allows the ice cream business to operate with greater independence and a focused capital structure.
The road to this listing began in January 2025 when the proposal was first announced, subsequently receiving initial stock exchange observations in May 2025. As part of the arrangement, investors who held Hul shares as of the record date of 5 December will receive a 1:1 share allotment, meaning one share of Kwality Wall’s for every one share of Hul held. This allotment ensures that Hul’s existing shareholder base retains a direct interest in the newly independent entity.
Trading starts on Monday, marking the official debut of KWIL as a publicly listed company.
Brands
Uniqlo India signs Jasprit Bumrah as brand endorser
Cricketing star fronts new LifeWear campaign highlighting comfort and simplicity.
MUMBAI: Jasprit Bumrah just bowled a perfect yorker into fashion because when the fastest bowler in the world picks Uniqlo, even off-field style gets a pace attack. Uniqlo India has roped in Indian cricket icon Jasprit Bumrah as its brand endorser, kicking off the partnership with a fresh campaign that brings the brand’s LifeWear philosophy to life, clothing engineered for simplicity, quality and effortless comfort in daily routines.
The 30-second film shows Bumrah in relaxed, everyday moments away from the crease highlighting how the AIRism Oversized T-shirt slips seamlessly into his off-field life. The narrative quietly mirrors his journey as a fast bowler, built on consistency, instinct and the kind of fit that feels right from the first wear and only gets better with time.
Jasprit Bumrah said, “In my day-to-day life, I prefer clothing that feels comfortable and effortless, especially when I’m spending time off the field. That’s why I’m happy to be partnering with Uniqlo, the brand’s approach to everyday clothing feels like a natural extension to my personal style.”
Uniqlo India marketing director Nidhi Rastogi added, “We are proud to partner with cricket world champion Jasprit Bumrah and welcome him to the Uniqlo family. His focus on excellence, authenticity and quiet confidence reflects the essence of Uniqlo’s LifeWear philosophy.”
The campaign is now live across digital channels, social media, in-store displays and outdoor platforms, with the film and imagery rolling out alongside the announcement.
In a world where pace often means rushing, Bumrah and Uniqlo are reminding everyone that the best things in life and on the body come from calm, consistent comfort that simply shows up every day and gets the job done.
