Various companies, including HUL, Thermax, Gland Pharma, Capital India Home, Vodafone, CG Power, and others, are expected to garner significant attention on August 13, 2025.
In a significant move, shareholders of Hindustan Unilever Ltd (HUL) have overwhelmingly approved the demerger of its ice cream business, which includes brands like Kwality Wall’s, Cornetto, and Magnum, into a separately listed entity named Kwality Wall’s (India) Ltd (KWIL). The demerger, which received a near-unanimous 99.99% votes in favor, was conducted through a virtual meeting and remote e-voting as per the National Company Law Tribunal (NCLT) directions. The new ice cream company is expected to be listed domestically soon after the demerger, which is slated to be completed within the current fiscal year (2025-26).
Under the arrangement, all existing HUL shareholders will receive shares in the new entity on a one-for-one basis, i.e., one share in KWIL for every share held in HUL. Additionally, Magnum HoldCo, a part of Unilever’s global ice cream business, is expected to acquire approximately a 61.9% stake in KWIL. Magnum HoldCo will also make an open offer to public shareholders as per SEBI regulations.
Meanwhile, Cohance Lifesciences Ltd has announced a ₹23 crore investment in its new cGMP oligonucleotide building block manufacturing facility in Hyderabad. The company is poised to strengthen its position in the pharmaceutical sector with this investment.
In a different development, Gland Pharma has received approval from the USFDA for its Abbreviated New Drug Application for Norepinephrine Bitartrate in 5% Dextrose Injection. This approval marks a significant milestone for the company, expanding its portfolio of approved products in the global market.
Weaver Services Private Ltd has completed 100% acquisition of Capital India Home Loans Limited, marking a significant milestone in Weaver's mission to build a next-generation, tech-driven affordable housing finance company. The transaction was funded through equity raised from Premji Invest, Gaja Capital, and a group of distinguished individual investors.
In the real estate sector, Bodhii Tree, a premium villa plot development by Vaishnavi Residences, is strategically located off the Bengaluru-Tirupati Highway (NH-75), in Neo Bengaluru’s rapidly growing investment corridor. The project features a private clubhouse and 15+ thoughtfully curated lifestyle amenities, with RERA-approved possession scheduled for December 2025.
Elsewhere, Vodafone Idea will acquire a 26% stake in Aditya Birla Renewables SPV 3 for ₹1.56 crore over six months, aiming to secure captive renewable power supply. Thermax Ltd has partnered with Norway-based HydrogenPro to supply, install and commission alkaline electrolyser systems in India.
Arisinfra Solutions Ltd's subsidiary, ArisUnitern, has enabled accelerated development of the Bodhii Tree project through its integrated execution approach. Radico Khaitan has launched "D’YAVOL Spirits", a new venture with actor Shah Rukh Khan, his son Aryan, and Zerodha brokerage’s Nikhil Kamath.
The board of Kovilpatti Lakshmi Roller Flour Mills has approved capital expenditure of ₹45 crore (approx) for modernisation and increasing the flour milling capacity of the foods division at Gangaikondan, Tirunelveli. This move is expected to boost the company's production capabilities and competitiveness in the market.
These developments reflect the dynamic and evolving business landscape in India, with companies focusing on growth, modernisation, and expansion across various sectors.
- The demerger of Hindustan Unilever Ltd's ice cream business will provide investors with shares in the new entity, Kwality Wall’s (India) Ltd, on a one-for-one basis.
- The new ice cream company, Kwality Wall’s (India) Ltd, is expected to be listed domestically after the demerger and will have approximately a 61.9% stake owned by Magnum HoldCo.
- Cohance Lifesciences Ltd has invested ₹23 crore in its new cGMP oligonucleotide building block manufacturing facility in Hyderabad to bolster its position in the pharmaceutical sector.
- Gland Pharma has received USFDA approval for its Abbreviated New Drug Application for Norepinephrine Bitartrate in 5% Dextrose Injection, a significant milestone expanding its global market portfolio.
- Weaver Services Private Ltd has completed the acquisition of Capital India Home Loans Limited, marking a step towards building a tech-driven affordable housing finance company.
- Bodhii Tree, a premium villa plot development by Vaishnavi Residences, is located in Neo Bengaluru’s rapidly growing investment corridor and offers private clubhouse and lifestyle amenities.
- Vodafone Idea aims to secure captive renewable power supply by acquiring a 26% stake in Aditya Birla Renewables SPV 3. Thermax Ltd has partnered with HydrogenPro to supply, install, and commission alkaline electrolyser systems in India.
- Arisinfra Solutions Ltd's subsidiary, ArisUnitern, has facilitated the Bodhii Tree project's accelerated development through its integrated execution approach.
- Kovilpatti Lakshmi Roller Flour Mills has approved capital expenditure of ₹45 crore for modernising and increasing the flour milling capacity of its foods division at Gangaikondan, Tirunelveli, with the aim of boosting production capabilities and market competitiveness.
