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
Kwality Walls (India) Ltd - 544622 - Letter Of Offer
Kwality Wall's (India) Ltd. has received an open offer from The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. and its PACs to acquire an additional 26% stake. The offer price is ₹21.33 per share, with the tendering period set from April 23, 2026, to May 7, 2026. This follows the acquirer's prior acquisition of 61.90% stake and control on March 30, 2026.
Apr 10 2026 20:04:00
Kwality Walls (India) Ltd - 544622 - Letter of Offer
The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. and PACs have announced a mandatory open offer to acquire up to 26.00% of Kwality Wall's (India) Limited's voting share capital at ₹21.33 per share. This cash offer, totaling up to ₹1303.03 crore, follows the acquirer's previous acquisition of 61.90% stake via an SPA.
Apr 10 2026 17:04:00
Kwality Walls (India) Ltd - 544622 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Kwality Wall's (India) Limited's promoters, Unilever Group entities, sold their entire 61.90% equity stake (1,45,44,12,858 shares) to The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. on March 30, 2026. This off-market transfer results in the sellers ceasing to hold any shares and reclassifying from 'promoter' to 'public' category.
Apr 01 2026 10:04:00
Kwality Walls (India) Ltd - 544622 - Disclosures under Reg. 18(6) of SEBI (SAST) Regulations, 2011
Magnum Ice Cream Company HoldCo 1 Netherlands B.V. acquired a 61.90% stake in Kwality Wall's (India) Limited. This off-market acquisition involved 145.44 crore equity shares from various Unilever entities at EUR 0.19 per share, finalized on March 30, 2026.
Apr 01 2026 10:04:00
Kwality Walls (India) Ltd - 544622 - Disclosure Under Regulation 31A(10)(Ii) Of SEBI LODR Regulations 2015
Kwality Wall's (India) Limited's outgoing promoters, Unilever PLC and its subsidiaries, have been reclassified as public shareholders. This follows the sale of their 61.90% equity stake to The Magnum Ice Cream Company HoldCo 1 Netherlands B.V., which has now assumed control of the company.
Mar 30 2026 21:03:00
Kwality Walls (India) Ltd - 544622 - Announcement under Regulation 30 (LODR)-Change in Management
Kwality Wall's Board recorded the transfer of 61.90% equity shares to Magnum Ice Cream Company Holdco 1 on March 30, 2026. This results in the Incoming Promoter acquiring control and reclassification of former promoters to the public category, along with new director appointments.
Mar 30 2026 21:03:00
Kwality Walls (India) Ltd - 544622 - Board Meeting Outcome for Outcome Of The Board Meeting Held On 30Th March, 2026
Kwality Wall's Board recorded the transfer of 61.90% equity shares to Magnum Ice Cream Company Holdco 1 on March 30, 2026. This results in the Incoming Promoter acquiring control and reclassification of former promoters to the public category, along with new director appointments.
Mar 30 2026 20:03:00
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