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HUL Board approves demerger of ice cream business into an independent listed entity

The existing shareholders of HUL will receive shares in the new entity in proportion to their shareholding in HULNew Delhi: FMCG major Hindustan Unilever Ltd. (HUL) on Monday said its board has approved the demerger of the ice cream...

HUL to separate ice cream business, does independent valuation

The ice cream business, which contributes 3 per cent to HUL’s turnover, has a different operating model, including cold chain infrastructure, and a distinct channel landscape, which limits synergies with other businesses of the companyNew Delhi: Hindustan Unilever Ltd...
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Cooler major Novamax Appliances eyes Rs 250 cr for FY 2025, eyes more categories

Looking ahead, Novamax aims to expand its product offerings into broader cooling solutions like air conditioners and refrigerators.New Delhi:...
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