General

What is the impact of Hindustan Unilever demerger on the shares pledged by me in Shares as Margin?

Hindustan Unilever Ltd has announced a demerger of its ice cream business Kwality Wall’s India (KWIL) in the ratio of 1:1, with a record date of Dec 5, 2025.

Important updates related to your shares pledged in Shares as Margin:

• The existing Hindustan Unilever pledge shares will continue as it is.
• Hairct percentage of the stock will not be increased.
• As per the demerger, you will receive 1 share of Kwality Wall’s India Ltd in your demat account for every share of Hindustan Unilever Ltd held on Dec 5.
• Kwality Wall’s India shares will be released as free holding in your demat account within 1 day from the listing date.  You may have to manually allocate these shares for reflecting in you “demat holding section” through the Allocate option on the Demat holdings page on listing date.
• A special price discovery session will be held on Friday, Dec 5, from 9:00 AM to 10:00 AM.