The Magnum Ice Cream Company (TMICC) has opened a new Research, Design & Innovation Centre in Bengaluru, India, to strengthen its innovation capabilities in the region. Spanning 13,000 square feet, the facility in Whitefield houses a state-of-the-art laboratory and a digitally enabled pilot plant. This strategic move aims to accelerate consumer-led product and packaging innovation across brands including Kwality Wall's , Cornetto, Magnum, Carte D'Or, Feast, and Twister.

Innovation and Infrastructure

The centre is designed as a Creative Lab where science meets indulgence, integrating ice cream science, culinary craft, packaging expertise, and consumer technical insights. It leverages Bengaluru's strong food science, supplier, and start-up ecosystems. The facility's capabilities include product and process development, packaging assessment, sensory testing, and regulatory assessment. It enables faster experimentation across cups, sticks, cones, kulfi, and premium ice cream cakes.

Technical Capabilities

The infrastructure supports cold-chain and climate testing, 3D packaging prototyping, and transport simulations. These features ensure that innovations are designed for real-world Indian market conditions. The centre will work closely with TMICC's Global Design Centre in Colworth, UK, and Regional Innovation hub in Istanbul, Turkey. This collaboration aims to bring new products to life inspired by local consumer insight and deep market understanding.

Strategic Impact

Chitrang Goel, Deputy Managing Director of Kwality Wall's (India) Limited, stated that the new centre provides access to world-class R&D capabilities and a sharper innovation ecosystem. He noted that it will help the company respond faster to evolving consumer preferences and create products relevant to Indian tastes. Zbigniew Lewicki, Chief Research, Development & Innovation Officer of The Magnum Ice Cream Company, emphasized that India is an exciting market with fast-evolving tastes. He added that the centre will play an important role in creating distinctive products for Indian consumers.

Kwality Wall's (India) Limited has appointed Mr. Abhijit Bhattacharya and Mr. Tahir Toloy Tanridagli as Non-Executive Non-Independent Directors following approval from shareholders through a postal ballot. The resolutions were passed with a requisite majority, securing over 99% of the votes polled in favour of the appointments. The remote e-voting process, which concluded on June 28, 2026, saw significant participation from both promoter and public shareholders.

The postal ballot sought approval for two ordinary resolutions. The first resolution was for the appointment of Mr. Abhijit Bhattacharya (DIN: 11638966), and the second was for the appointment of Mr. Tahir Toloy Tanridagli (DIN: 11164403). Both individuals were appointed to the board in the Non-Executive Non-Independent capacity. The scrutinizer's report confirmed that the resolutions were passed with the requisite consent of the members.

The voting results indicated strong support across shareholder categories. For the resolution appointing Mr. Bhattacharya, 99.75% of the total votes polled were in favour, with 1,762,941,504 shares supporting the motion against 43,23,945 shares opposing it. Similarly, the resolution for Mr. Tanridagli received 99.80% approval, with 1,763,765,558 shares voting in favour and 3,501,103 shares voting against.

Voting Details

The remote e-voting period commenced on May 30, 2026, and concluded on June 28, 2026. The process was managed by KFin Technologies Limited, acting as the Registrar to an Issue and Share Transfer Agent. Mr. Nitesh Latwal, a Practicing Company Secretary, was appointed as the scrutinizer to oversee the e-voting process and ensure transparency.

The total number of members eligible to vote as on the record date was 1,127,570. The promoter and promoter group cast all their votes in favour of both resolutions, while public institutions and non-institutional shareholders also showed high levels of support. The company announced the results of the postal ballot on June 30, 2026.