India demergers hit 10-year peak: 29 deals worth $40B as HUL, Jubilant carve out consumer arms

Demerger activity surged in 2025 with 29 deals topping $40 billion, the highest in a decade. Retail-relevant splits include HUL hiving off Kwality Wall's ice cream and Jubilant separating its consumer business, as investors reward focused pure-plays over sprawling conglomerates.

Demerger activity surged in 2025 with 29 deals topping $40 billion, the highest in a decade. Retail-relevant splits include HUL hiving off Kwality Wall's ice cr

Business Standard · Companies · 5/27/2026, 5:14:35 PM · Ask about this →

Hindustan Unilever + Jubilant Agri and Consumer Products + Kwality Wall's + Natco Pharmaceuticals + Nirma + Tata Motors + Vedanta +