Kwality Walls (India) Ltd - 544622 - Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
Kwality Walls shareholders passed all Postal Ballot resolutions, appointing new Executive Directors, CFO, and four Independent Directors. The approved items also include remuneration for non-executive directors and the reappointment of Secretarial Auditors.
May 15 2026 22:05:00
Kwality Walls (India) Ltd - 544622 - Post Open Offer Advertisement
Kwality Walls announced the completion of the open offer by The Magnum Ice Cream Company HoldCo. Out of the 61.08 crore shares offered, only 1.42 lakh shares were tendered by public shareholders at INR 21.33 per share.
May 15 2026 15:05:00
Kwality Walls (India) Ltd - 544622 - Post Offer Advertisement
Kwality Wall's announced the conclusion of its open offer. The Magnum Ice Cream Company Group acquired 1.42 lakh equity shares, representing 0.01% of voting capital, at Rs.21.33 per share, bringing total holding to 61.91%.
May 15 2026 13:05:00
Kwality Walls (India) Ltd - 544622 - Response To Iias And SES Voting Recommendations - Kwality Wall''s (India) Limited (Postal Ballot Dated 15Th April, 2026
Kwality Walls (India) Ltd issued a clarification regarding proxy advisor recommendations on executive director appointments. The company stated aggregate remuneration for executive directors will not exceed Rs.6.5 crore for FY27 and confirmed any new stock option plans will require shareholder approval.
May 11 2026 14:05:00
Kwality Walls (India) Ltd - 544622 - Updates on Open Offer
Kwality Wall's (India) announced a corrigendum for its open offer to acquire up to 26.00% of voting share capital at ₹21.33 per Equity Share. This follows the acquisition of 61.90% stake by The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. on March 30, 2026, making them the new promoter.
Apr 22 2026 14:04:00
Kwality Walls (India) Ltd - 544622 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Kwality Wall's IDC recommends the ₹21.33 per share Open Offer price from Magnum Ice Cream Company. The IDC found the offer fair based on valuations, but highlights the current market price is higher at ₹25.22-₹25.23, urging independent shareholder review.
Apr 17 2026 11:04:00
Kwality Walls (India) Ltd - 544622 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Kwality Wall's has initiated a postal ballot to secure shareholder approval for significant board changes, including the appointment of six new directors and secretarial auditors. This move aims to strengthen the company's leadership and governance, with e-voting open until May 15, 2026.
Apr 16 2026 13:04:00
Read More