HUL shares rise 1% as Kwality Wall's to be listed on Nifty 50 for few days: Check price discovery date, other details

Hindustan Unilever Shares Rise Amid Demerger Plans

Hindustan Unilever (HUL) shares are trading in the green on December 1, following the company's announcement of Frequently Asked Questions (FAQs) on the allotment of shares of its ice cream business after demerger.

Kwality Wall's Shares to Join Nifty 50 Index

• The National Stock Exchange (NSE) has announced that Kwality Wall's India will be included in the Nifty 50 index from December 5.
• A special pre-open session for HUL will be conducted on December 5, ahead of the demerger of its ice-cream business into Kwality Wall's India.

FAQs on Allotment of Kwality Wall's Shares

• The demerger of HUL's ice cream business is aimed at realising its full potential, driven by a "focused management having greater flexibility to deploy strategies suited to the Ice Cream businesses' distinctive operating model and market dynamics".
• The share entitlement ratio has been set at 1:1, meaning that every shareholder of HUL will receive one share of the ice cream business for every share of the FMCG major they own, as on the record date.

Key Dates for HUL-Kwality Wall's Demerger

• The allotment date has been fixed at December 29.
• The record date to determine the eligibility of the shareholders set to receive the payment has been set on December 5.
• The scheme for the demerger came to effect from today, December 1.

Dematerialisation of KWIL Shares

HUL has stated that KWIL shares need to be allotted only in dematerialised form. Shareholders owning physical shares of HUL will need to ensure that their folios are KYC compliant and demat account details are shared with the company or its RTA, along with a copy of their Client Master List (CML), at least 7 days prior to the record date in order to receive the shares of the demerged ice cream unit.

HUL Share Price History

• HUL shares have now extended gains for the fourth consecutive session.
• The shares of the company have risen around 3 percent in the past five days, and around 5 percent in the past six months.
• The stock is so far up more than 7 percent in 2025.
• Its P/E ratio currently stands at around 54, and the company has a market capitalisation of more than Rs 5.8 lakh crore.

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