Acquisitions20 Feb 2026, 07:26 pm
Kwality Walls Receives Detailed Public Statement from Magnum under SEBI Regulations
AI Summary
Kwality Wall's (India) Limited has received a detailed public statement (DPS) from The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. (Acquirer) along with Magnum ICC Finance B.V. and The Magnum Ice Cream Company N.V., in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The DPS was issued in respect of an open offer made by the Acquirer to the public shareholders of the Company.
Key Highlights
- Kwality Walls (India) Limited has received a Detailed Public Statement (DPS) from The Magnum Ice Cream Company HoldCo 1 Netherlands B.V.
- The DPS was issued in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- The DPS was issued in respect of an open offer made by The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. to the public shareholders of the Company.
- The open offer was made together with Magnum ICC Finance B.V. and The Magnum Ice Cream Company N.V., who are acting in concert with the Acquirer.