NSEUpdates▲ PositiveExpansion6 Jul 2026
Kwality Wall's (India) Limited
Updates
Kwality Wall's (India) Limited, a part of The Magnum Ice Cream Company, has opened a new Research, Design & Innovation Centre in Bengaluru, India. The centre will accelerate consumer-led product and packaging innovation across various brands, including Kwality Wall's, Cornetto, Magnum, Carte D'Or, Feast, and Twister.
NSEAppointmentMgmt Change29 Jun 2026
Kwality Wall's (India) Limited
Appointment
Kwality Wall's (India) Limited has announced the appointment of Ms. Dimple Lalwani as the Internal Auditor of the company for FY 2026-27, along with other board decisions including a three-year intellectual property agreement with Magnum IP Holdings B.V. and the cessation of Mr. Rohit Jhunjhunwala as Senior Management Personnel.
NSECessationMgmt Change29 Jun 2026
Kwality Wall's (India) Limited
Cessation
Kwality Wall's (India) Limited has announced the cessation of Mr. Rohit Jhunjhunwala as Senior Management Personnel, effective July 1, 2026, due to assuming a new leadership role. The company has also entered into a three-year intellectual property agreement with Magnum IP Holdings B.V. for the use of intellectual property rights for the sale of products in India, with a royalty rate of 0% until March 2027 and 1% of turnover from FY 2027-28 onwards.
NSEOutcome of Board MeetingRelated Party29 Jun 2026
Kwality Wall's (India) Limited
Outcome of Board Meeting
Kwality Wall's (India) Limited has entered into a three-year intellectual property agreement with Magnum IP Holdings B.V. for the use of intellectual property rights for the sale of products in India. The royalty rate is 0% for the period until 31st March 2027, and 1% of turnover (net sale of licensed products) plus applicable taxes for FY 2027-28 and FY 2028-29. The company has also announced the cessation of Mr. Rohit Jhunjhunwala as Senior Management Personnel and the appointment of Ms. Dimple Lalwani as the Internal Auditor.
NSETrading Window27 Jun 2026
Kwality Wall's (India) Limited
Trading Window
Kwality Wall's (India) Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.