Kwality Wall's (India) Limited
ICICI Prudential Mutual Fund, which previously held a 1.29 percent stake in Kwality Wall's (India) Limited, has dropped off the company's disclosed shareholder list, indicating either a complete exit or a reduction in its holding to below the 1 percent reporting threshold.
An ice cream manufacturer and marketer operating as part of the global Unilever ice cream ecosystem, with a portfolio spanning premium brands including Magnum, Cornetto, and the flagship Kwality Walls. The company focuses on delivering premium product quality, developing new consumption occasions through innovation, and expanding its presence in the Indian frozen desserts market. It emphasizes sustainable operations and responsible sourcing across its manufacturing and distribution activities.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.