Brands
VIP launches contest for best RJs
MUMBAI: VIP Industries will be undertaking a multi-media campaign with radio as a lead medium for ‘VIP RJ of Radio Station’. The contest is an intra-station and inter-city competition amongst popular RJs from Mumbai, Delhi, Bangalore and Kolkata.
This first ever competition will have RJs participate from various radio channels like Radio City, Big FM, Fever 104, Radio Nasha, & Radio One. RJs like Archana from Radio City, Ruchi from Fever, Shelee from Radio One, Rani from Big FM, Akriti from Radio Nasha and popular ones from the other participating channels of each city will post their stylish selfies with VIP luggage on their social media handles.
For the first time ever listeners will get a close view of their favourite RJs and finally be able to put a face behind the voice they listen to on air every day. Each network’s RJs would further invite their listeners to visit the VIP Facebook page and post selfies. The winning listener will be selected by lucky draw and will win gift vouchers worth Rs 10,000 from VIP.
VIP Industries senior vice president of sales, marketing and service Sudip Ghose says, “Through this radio contest, we aim to reach out to a wide audience of listeners across cities and offer them another reason to continue to associate with brand VIP. We are confident that this one of a kind contest will retain the customers’ attention.”
The RJ from each network with maximum likes, comments and social media share across cities will be announced the winner. The winning RJ will be given VIP bags along with a trophy, and will be adjudged as ‘VIP RJ of the Radio Station’.
Also, the winning RJ can select a listener from their list through a lucky draw.
Brands
Magnum Ice Cream Netherlands takes control of Kwality Wall’s India from Unilever
61.9 per cent stake transfer reshapes ownership as Unilever exits promoter role
MUMBAI: Kwality Wall’s (India) Limited has entered a new chapter, with The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. acquiring a controlling 61.9 per cent stake from a clutch of Unilever PLC-led entities, marking a significant shift in ownership.
The transaction, completed on March 30, 2026, follows a share purchase agreement signed in June 2025. The incoming promoter picked up over 145 crore equity shares, effectively taking control of the company and being formally classified as its new promoter under regulatory norms.
As part of the deal, the outgoing promoter group, including Unilever Group Limited and its affiliated entities, has fully exited its shareholding in the company. They have now been reclassified from promoter to public shareholders, closing a long-standing association with the ice cream business in India.
The board of Kwality Wall’s (India) Limited took note of the ownership change and approved a series of leadership updates alongside it. Ritesh Tiwari stepped down as director, while Abhijit Bhattacharya was appointed as chairperson and additional non-executive director. Tahir Toloy Tanridagli also joined the board as an additional non-executive director.
The reshuffle signals a broader strategic reset as the Magnum-led entity looks to steer the brand’s next phase of growth in India. The transition has been carried out in line with regulatory requirements, including disclosures tied to the open offer and reclassification norms under market regulations.
With Unilever stepping back and Magnum stepping in, Kwality Wall’s India is effectively getting a fresh scoop of leadership and direction. The coming months will reveal how the new promoter plans to scale the brand in one of the world’s most competitive ice cream markets.
