Hindustan Unilever Limited · NSE:HINDUNILVR
Hindustan Unilever — Merger or Acquisition (July 2025)
9 slides from Hindustan Unilever's merger presentation, July 2025
Slide 1: Hindustan Unilever Limited
Hindustan Unilever Limited July 2025
Slide 2: Ice Cream Demerger
ICE CREAM DEMERGER STRATEGIC RATIONALE GOVERNANCE SCHEME OF DEMERGER KEY DISCLOSURES
Slide 3: Ice Cream | High Growth Attractive Business
ICE CREAM | HIGH GROWTH ATTRACTIVE BUSINESS SIGNIFICANT HEADROOM ROBUST BUSINESS FOR GROWTH FUNDAMENTALS • Category projected to grow in • Double-digit growth in the last decade double-digits • #2 player nationally with iconic brands • Favourable demographics and • Over-indexed1 in channels of the f
Slide 4: Limited Complementarity with HUL
LIMITED COMPLEMENTARITY WITH HUL SYNERGIES WITH HUL A distinct operating model LOW MEDIUM HIGH including cold chain infrastructure Innovation/R&D Manufacturing High seasonality and Logistics capital intensity Route-to-market Procurement Unilever’s decision to separate the Ice Cream Marketing busines
Slide 5: Demerger Will Create a Focused Agile Entity
DEMERGER WILL CREATE A FOCUSED AGILE ENTITY 1 Great business with significant growth potential 2 Opportunity for shareholders to participate in future value creation Focused management with greater flexibility to deploy strategies suited 3 to Ice Cream’s distinctive business model Equipped with the
Slide 6: Governance Process Followed
Governance Process Followed Board accorded in-principle Constituted ID Committee* Received ‘No- approval for Demerger through a to evaluate prospects of Ice objection’ from Stock Shareholders’ Meeting National Company Law Tribunal cream business Exchanges (NCLT) sanctioned scheme 6 Sep 23 Oct 25 Nov
Slide 7: Overview of the Demerger
Overview of the Demerger • HUL announced to de-merge its Ice Cream Business into an independent listed entity, Kwality Wall’s (India) Limited (“KWIL”) • Share Entitlement Ratio (SER): 1 equity share of KWIL for every 1 equity share held in HUL (as on record date) i.e., mirror shareholding with share
Slide 8: Key Disclosures captured in the Shareholders Notice
Key Disclosures captured in the Shareholders Notice Brief summary of the Scheme, Companies involved and Ice Cream Business Undertaking Rationale of the scheme and benefits to the shareholders of HUL and KWIL Historical key financial information for the Ice Cream Business Undertaking, including asset
Slide 9: Thank You!
Thank You!
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