HUL gives in-principle nod to demerger of ice-cream business into separate listed entity

November 25, 2024

Hindustan Unilever’s board has granted preliminary approval to spin off its ice cream business into a separate publicly listed company. Shareholders will receive stock in the new entity proportional to their existing HUL holdings. The move aims to unlock value and provide the ice cream business with greater strategic flexibility.

More To Explore

FIIs remain net buyers in May, infuse Rs 18,082 crore into Indian equities

Foreign Institutional Investors (FIIs) have shown renewed confidence in Indian equities, becoming net buyers for the second consecutive month. May saw a net inflow of

May 31, 2025

Titagarh Rail Systems Q4 results: Net profit declines 18% YoY, revenue down by 4%

Titagarh Rail Systems reported a consolidated net profit of Rs 64.45 crore for Q4FY25, an 18.6% YoY decrease, with revenue from operations declining by 4.45%

May 31, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003