United States

United Spirits Ltd (UNSP.NS)

UNSP.NS on National Stock Exchange of India

28 Apr 2017
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Rs24.95 (+1.35%)
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Latest Key Developments (Source: Significant Developments)

United Breweries Holdings says reviewing SEBI order on fund diversions in United Spirits
Tuesday, 31 Jan 2017 08:20am EST 

United Breweries Holdings Ltd :United Breweries Holdings -reviewing sebi order on fund diversions in United Spirits; to ensure persons named in order would not attend board meeting.  Full Article

United Spirits says SEBI issued ad interim ex-parte order to co
Friday, 27 Jan 2017 03:54am EST 

United Spirits Ltd : United Spirits clarifies on news item "SEBI bans Mallya, 6 others in USL fund diversion case" . United Spirits Ltd says SEBI has issued an ad interim ex-parte order asking co to respond to SEBI within 21 days of receipt of order .United Spirits Ltd says co studying the order and to submit responses to SEBI by due date.  Full Article

Pioneer Distilleries seeks members' nod for approval of deal between co and United Spirits
Friday, 2 Sep 2016 05:09am EDT 

Pioneer Distilleries Ltd : Seeks members' nod for approval of manufacture, licensing deal to be entered between co and United Spirits . Seeks members' nod for approval of arrangements for sale of extra neutral alcohol to United Spirits in yrs ending March 31, 2017, 2018, 2019 . Seeks members' nod for approval of arrangements for sale of malt spirit by co to United Spirits .  Full Article

United Spirits June-qtr profit after tax rises almost fourfold
Tuesday, 26 Jul 2016 09:14am EDT 

United Spirits Ltd : June-quarter PAT 438 million rupees - tv . June-quarter net sales 20.27 billion rupees . Net profit in June-quarter last year was 116.1 million rupees as per ind-as; net sales was 18.49 billion rupees . The profit alert was first sourced from TV and was later confirmed from a press release at the NSE .  Full Article

United Spirits Ltd - India probing Kingfisher Airlines over alleged financial irregularities - Reuters
Monday, 14 Sep 2015 08:00pm EDT 

United Spirits Ltd:India's federal financial fraud investigating agency has sought information from drinks company United Spirits Ltd in connection with a probe into former group firm Kingfisher Airlines Ltd KING.NS over alleged diversion of funds - Reuters.The agency is looking into alleged financial irregularities from 2005, when liquor baron Vijay Mallya's UB Group controlled both companies, TV channel CNBC TV18 reported on Tuesday - Reuters.United Spirits now controlled by Diageo, said in a statement to the Bombay Stock Exchange on Tuesday that it was cooperating with the investigating authority, the Serious Fraud Investigation Office (SFIO), in a probe of Kingfisher Airlines and was providing the required information - Reuters.An auditor's inquiry into United Spirits' financial accounts, conducted after Diageo took control, showed that between 2010 and 2013, funds were allegedly diverted illegally from the company to some of Mallya's group firms, including Kingfisher - Reuters.As a result, the board of United Spirits, under the new Diageo management, began a procedure in April to remove Mallya from his position as chairman - Reuters.Mallya has denied the allegations and in April said in a statement to Reuters that he would not resign as chairman of United Spirits. A spokesman for Mallya's UB group declined to comment on the SFIO probe on Tuesday - Reuters.  Full Article

United Spirits Ltd does not recommend dividend
Wednesday, 27 May 2015 12:42am EDT 

United Spirits Ltd:Says it has not recommended any dividend on the equity shares of the Company for the year ended March 31, 2015.  Full Article

More From Around the Web

Indian regulator bars liquor tycoon Mallya from capital markets

MUMBAI, Jan 25 India's capital markets regulator on Wednesday barred liquor tycoon Vijay Mallya and six others from participating in the country's securities market for allegedly diverting funds from whiskey maker United Spirits Ltd (USL).