Kwality Wall's reported 16.6% sales growth driven by 14.9% volume growth and a relaunched in-home portfolio. EBITDA stood at ₹104.9 Cr.
Kwality Wall's announces Ms. Sanghamitra Das has ceased as Senior Management Personnel due to assuming a new leadership role.
Kwality Wall's is undergoing an open offer for acquisition of shares, with an offer price of INR 21.33 per share. The acquirer has taken over approximately 61.91% of voting share capital.
Kwality Wall's is responding to proxy advisor firms regarding the appointment of Mr. Chitrank Goel as Deputy MD and Mr. Prashant Premrajka as CFO. Shareholders should consider this response for their voting decisions.
Kwality Wall's announced two board appointments: Mr. Abhijit Bhattacharya as Chairperson and Mr. Tahir Toloy Tanridagli as Director. These additions support the company's next growth phase following a controlling stake acquisition by The Magnum Ice Cream Company.
