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United Spirits Ltd Announces Issue And Allotment Of Equity Shares To Diageo plc's Relay B.V

Monday, 27 May 2013 01:51am EDT 

United Spirits Ltd announced that the Board of Director of the Company at its meeting held on May 27, 2013, approved the issue and allotment of 14,532,775 equity shares of face value of INR10 each at a price of INR1440 per share (including a premium of INR1430 per equity share) of United Spirits Limited (the Equity Shares) to Relay B.V., and indirect wholly owned subsidiary of Diageo plc., (Relay) on a preferential basis in terms of the Preferential Allotment entered into between Relay, the Company and Diageo plc on November 09, 2012, for an aggregate amount of INR20,927,196,000. 

Company Quote

4.0 +0.22%
19 Dec 2014