MAM
Hinduja Leyland Finance partners with Honda Motorcycle & Scooter India
NBFC and two-wheeler giant team up to make financing smoother across India.
MUMBAI: Hinduja Leyland Finance has just revved up a promising partnership because when wheels meet wallets, even the potholes start smiling. Hinduja Leyland Finance Ltd (HLF), a leading vehicle financing NBFC under the Hinduja Group, has entered into a strategic collaboration with Honda Motorcycle & Scooter India (HMSI). The partnership will offer customised financing solutions across Honda’s range of motorcycles and scooters, aiming to deliver a seamless purchase experience with transparent, swift and flexible loan options.
With its strong presence in both urban and rural markets and an extensive branch network, HLF brings deep expertise in two-wheeler financing and customer-centric solutions. The tie-up is expected to enhance accessibility to mobility, particularly in high-growth and emerging markets.
Hinduja Leyland Finance MD & CEO Sachin Pillai said, “This MoU marks a significant step in strengthening our market presence and expanding our reach across key markets. We expect this collaboration will play an important role in driving responsible growth and supporting the evolving mobility needs across the country.”
Honda Motorcycle & Scooter India director of sales and marketing Mutsuo Usui added, “This partnership reflects our focus on improving access to mobility by making financing simpler and more inclusive.”
The collaboration underscores both organisations’ commitment to accelerating two-wheeler penetration in India while delivering enhanced value and convenience to customers.
In the world of two-wheelers, where every journey begins with a dream and a down payment, Hinduja Leyland Finance and Honda have just made sure the road to ownership feels a little less bumpy and a lot more exciting.
Brands
Magnum Ice Cream Netherlands takes control of Kwality Wall’s India from Unilever
61.9 per cent stake transfer reshapes ownership as Unilever exits promoter role
MUMBAI: Kwality Wall’s (India) Limited has entered a new chapter, with The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. acquiring a controlling 61.9 per cent stake from a clutch of Unilever PLC-led entities, marking a significant shift in ownership.
The transaction, completed on March 30, 2026, follows a share purchase agreement signed in June 2025. The incoming promoter picked up over 145 crore equity shares, effectively taking control of the company and being formally classified as its new promoter under regulatory norms.
As part of the deal, the outgoing promoter group, including Unilever Group Limited and its affiliated entities, has fully exited its shareholding in the company. They have now been reclassified from promoter to public shareholders, closing a long-standing association with the ice cream business in India.
The board of Kwality Wall’s (India) Limited took note of the ownership change and approved a series of leadership updates alongside it. Ritesh Tiwari stepped down as director, while Abhijit Bhattacharya was appointed as chairperson and additional non-executive director. Tahir Toloy Tanridagli also joined the board as an additional non-executive director.
The reshuffle signals a broader strategic reset as the Magnum-led entity looks to steer the brand’s next phase of growth in India. The transition has been carried out in line with regulatory requirements, including disclosures tied to the open offer and reclassification norms under market regulations.
With Unilever stepping back and Magnum stepping in, Kwality Wall’s India is effectively getting a fresh scoop of leadership and direction. The coming months will reveal how the new promoter plans to scale the brand in one of the world’s most competitive ice cream markets.
