Magnum HoldCo holds 145.44 crore shares in Kwality Wall's
Magnum Ice Cream Company HoldCo 1 Netherlands B.V. disclosed a substantial shareholding of 1,45,44,12,858 shares in Kwality Wall's (India) Limited as of March 31, 2026. The filing, submitted under Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirms that the shares are not pledged or encumbered. The disclosure was made by Authorised Signatory Dilsad Cagman on April 7, 2026.

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Magnum Ice Cream Company HoldCo 1 Netherlands B.V. has disclosed a substantial shareholding in Kwality Wall's (India) Limited , holding 1,45,44,12,858 shares as of March 31, 2026. The disclosure, submitted under Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirms that the entity maintains a significant position in the company without any financial encumbrance on the shares.
The filing, addressed to the Audit Committee of Kwality Wall's (India) Limited and the stock exchanges, explicitly states that none of the shares held are covered under any pledge or encumbrance, either directly or indirectly. This status has remained consistent since the last disclosure made by the entity.
Shareholding Details
The disclosure provides a clear snapshot of the holding position as of the specified date. The table below summarizes the key details of the shareholding:
| Particulars | Details |
|---|---|
| Number of Shares Held | 1,45,44,12,858 |
| Date of Holding | March 31, 2026 |
| Pledge / Encumbrance Status | None |
Regulatory Compliance
The disclosure was made to comply with the requirements of Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates the disclosure of substantial shareholding to ensure transparency in the market. The communication was formally submitted by Dilsad Cagman, the Authorised Signatory for Magnum Ice Cream Company HoldCo 1 Netherlands B.V., on April 7, 2026.
Historical Stock Returns for Kwality Walls
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.85% | +3.59% | +28.35% | +25.42% | +25.42% | +25.42% |
Does this substantial shareholding indicate a potential strategic shift or merger between Magnum and Kwality Wall's?
How will this ownership structure impact Kwality Wall's operational autonomy and future business decisions?
Could this lead to a change in the competitive landscape of the Indian ice cream market?


































