Kwality Walls India Ltd News

Magnum Ice Cream acquires 61.9% majority stake in Kwality Wall's India

Magnum Ice Cream Netherlands has completed the acquisition of a 61.9 per cent majority stake in Kwality Wall's (India) Ltd (KWIL), resulting in a change in the promoter classification. "On 30th March, 2026, the Incoming Promoter acquired the Sale Shares from the Outgoing Promoters in accordance with the SPA and other applicable laws," KWIL said in a regulatory filing. Pursuant to this transaction, the Incoming Promoter has acquired control over the company and is classified as a "promoter" of the company in accordance with the Listing Regulations, it added. Meanwhile, the outgoing promoters have been reclassified from the "promoter" category to the public category. This acquisition is done as per the Share Purchase Agreement (SPA) executed on June 25, 2025, which includes The Magnum Ice Cream Company Netherlands BV and Unilever PLC, among others. The "incoming Promoter (Magnum) agreed to acquire an aggregate of 145.44 crore equity shares of KWIL" representing 61.9 per cent of the

Kwality Wall's tanks 8% to its all-time low as Q3 net loss widens QoQ

On a quarter-on-quarter (Q-o-Q) basis, the company's net loss widened to ₹178.38 crore, as compared to a loss of ₹100.16 crore in Q2FY26

Kwality Wall's shares trade 30% lower vs discovered price: buy or avoid?

Kwality Wall's shares listed at a sharp discount on NSE and BSE, falling up to 30% from discovered price. Analysts flag margin pressure, seasonality risks, and valuation concerns

Kwality Walls sees opportunity for double-digit growth after HUL demerger

The company holds the number two spot in the ice cream market in India behind Amul and holds a 10 per cent market share in the category

Kwality Wall's shares list at 26% discount on NSE post demerger from HUL

On the National Stock Exchange (NSE), the stock listed at ₹29.8 per share, marking a discount of ₹10.4 or 25.8 per cent