Kwality Wall's (India) Limited Announces Board Appointments Following Acquisition
Mumbai, 31st March 2026 - Kwality Wall's (India) Limited (KWIL), now part of The Magnum Ice Cream Company (TMICC), announced the appointment of Mr. Abhijit Bhattacharya and Mr. Tahir Toloy Tanridagli to its Board of Directors, effective March 30, 2026. These appointments follow the acquisition of a controlling stake in KWIL by The Magnum Ice Cream Company HoldCo 1 Netherlands B.V (TMICC HoldCo).Mr. Abhijit Bhattacharya has been appointed as an Additional (Non-Executive and Non-Independent) Director and Chairperson of the Board. Mr. Tahir Toloy Tanridagli has been appointed as an Additional (Non-Executive and Non-Independent) Director.
Mr. Tahir Toloy Tanridagli
Mr. Toloy holds a Business Administration degree from Bogazici University. He currently serves as President for the METSA markets (Middle East, Turkey, Africa, Israel, and South Asia) and is a member of the Global Ice Cream Executive Leadership Team at TMICC. He has over two decades of experience in the snacking and FMCG industry, previously holding leadership roles at Kraft Foods-Mondelez and Unilever. He most recently served as General Manager, Unilever Ice Cream for Middle East, North Africa, Central Asia, and Russia, and as Vice President - Marketing for the Foods and Refreshment category across the Middle East, Africa, and Russia.Mr. Abhijit Bhattacharya
Mr. Bhattacharya is the Chief Financial Officer of The Magnum Ice Cream Company N.V., previously serving as Chief Financial Officer for Unilever Ice Cream since 2024. He brings nearly four decades of global leadership experience across finance and operations, including 38 years with Koninklijke Philips N.V. He has expertise in strategic transformation and experience in corporate carve outs and spin offs.Following its demerger from Hindustan Unilever Limited, KWIL entered a new phase with TMICC HoldCo's acquisition of a 61.90% stake pursuant to a Share Purchase Agreement signed in June 2025.
About Kwality Wall's India
Kwality Wall's (India) Limited offers brands including Kwality Wall's, Magnum and Cornetto. The company aims to set industry benchmarks across the country.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.