KWIL

Kwality Walls (India) Ltd has announced that its Board of Directors will convene on August 14, 2026. The primary agenda item for this meeting is to consider and approve the company's Unaudited Financial Results for the quarter ending June 30, 2026. The meeting will also include a review of the Auditors' Limited Review Report. Concurrently, the trading window for designated persons and their relatives will remain closed until 48 hours after the declaration of these financial results, as per the company's insider trading code.

The Magnum Ice Cream Company (TMICC) has inaugurated a new 13,000 sq ft Research, Design & Innovation (RD&I) Centre in Bengaluru, India. This facility aims to accelerate product and packaging innovation across brands like Kwality Wall’s, Cornetto, and Magnum, catering to Indian tastes and occasions. It features a state-of-the-art laboratory and a digitally enabled pilot plant, enhancing capabilities in product development, packaging, consumer insights, and regulatory assessment. The centre will collaborate with global R&D hubs to strengthen the innovation pipeline and speed to market for the Indian ice cream sector.

Kwality Walls (India) Ltd announced the appointment of Ms. Dimple Lalwani as the Internal Auditor for FY 2026-27, effective July 01, 2026. This appointment was approved by the Board of Directors during a meeting held on June 29, 2026. The board also approved a three-year intellectual property agreement with Magnum IP Holdings B.V., commencing April 1, 2026, and ending March 31, 2029. Under this agreement, the royalty rate will be 0% until March 31, 2027, and 1% of net sales thereafter. Additionally, Mr. Rohit Jhunjhunwala will cease to be Senior Management Personnel from July 1, 2026, due to assuming a new leadership role.

Kwality Walls (India) Ltd announced a three-year intellectual property agreement with Magnum IP Holdings B.V., effective until March 31, 2029. The agreement includes a royalty rate of 0% until March 31, 2027, followed by 1% of net sales for FY 2027-28 and FY 2028-29. This revised structure aims to support the company's post-demerger investments and stabilization efforts. The board meeting also noted the cessation of Mr. Rohit Jhunjhunwala as Senior Management Personnel and the appointment of Ms. Dimple Lalwani as Internal Auditor for FY 2026-27.

Kwality Walls (India) Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI regulations and the company's code of conduct for preventing insider trading. The window will be shut from July 1, 2026, until 48 hours after the financial results for the quarter ending June 30, 2026, are declared and made public. The company will inform the stock exchanges in due course about the date of the board meeting to approve these financial results.

Kwality Walls (India) Ltd has responded to queries from BSE and NSE regarding significant movement in its share price. The company stated that all material information has been disclosed as per SEBI (LODR) Regulations. It clarified that it cannot comment on market-driven price fluctuations and has no control over them. The company reiterated its commitment to timely disclosures as per regulations.

Kwality Walls (India) Ltd has appointed M/s. Walker Chandiok & Co. LLP as the Statutory Auditors of the Company for a term of five years, subject to member approval. The appointment is from the conclusion of the 1st AGM in 2026 to the conclusion of the 6th AGM in 2031. This decision was made at a Board of Directors meeting on May 20, 2026, following the recommendation of the Audit Committee. The board also approved the audited financial results for the quarter and period ended March 31, 2026, and noted the unmodified Audit Report issued by M/s. Walker Chandiok & Co. LLP.

Kwality Walls (India) Ltd has appointed M/s. Walker Chandiok & Co. LLP as the Statutory Auditors of the Company for a term of five years, subject to member approval. The appointment is effective from the conclusion of the 1st AGM in 2026 until the conclusion of the 6th AGM in 2031. The Board of Directors approved the appointment at its meeting on May 20, 2026, based on the recommendation of the Audit Committee. The board also approved the audited financial results for the quarter and period ended March 31, 2026, noting the unmodified audit report issued by Walker Chandiok & Co. LLP.

Kwality Walls (India) Ltd's Board of Directors approved the audited financial results for the quarter and period ended March 31, 2026, following the audit committee's recommendation. Walker Chandiok & Co. LLP issued an unmodified audit report. The board also approved the appointment of Walker Chandiok & Co. LLP as statutory auditors for five years, subject to member approval. The meeting, held on May 20, 2026, commenced at 02:35 P.M. (IST) and concluded at 03:50 P.M. (IST).

Kwality Walls (India) Ltd's Board of Directors approved the audited financial results for the quarter and period ended March 31, 2026, following the audit committee's recommendation. Walker Chandiok & Co. LLP issued an unmodified audit report. The board also approved the appointment of Walker Chandiok & Co. LLP as statutory auditors for five years, subject to member approval. The meeting, held on May 20, 2026, commenced at 02:35 P.M. (IST) and concluded at 03:50 P.M. (IST).