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Investors looking to make the most of Hindustan Unilever Ltd.'s demerger with Kwality Walls must act today, as Thursday, Dec. 4, has been marked as the last trading day to qualify for eligibilty.
Although the official record date for the demerger is Friday, Dec. 5, India's T+1 settlement cycle effectively means investors must purchase HUL shares by market close on Thursday to appear on the company's books.
Share Entitlement Ratio
The share entitlement ratio of the HUL and Kwality Walls demerger has been set at 1:1, which means one fully paid-up equity share of face value of Rs 1 in KWIL will be given for every share held in HUL.
Earlier this year, the fast-moving consumer goods giant announced the demerger and listed its ic

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