Liquid assets: United Spirits hiving off distilleries to franchisees
The liquor-maker is moving away from production, marketing of lower-end brands03-10-2016
03-10-2016
Resignation of Director
United Spirits Ltd has informed BSE that the Company has received a resignation letter dated September 29, 2016 from Mr. Ravi Rajagopal, a Non-Executive Non Independent Director, resigning from the directorship of the Company with effect from October 13, 2016 due to his consultancy agreement with Diageo Plc, (Holding Company of United Spirits Limited) expiring on October 13, 2016.30-09-2016
Q2 results on Oct 27, 2016
United Spirits Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on October 27, 2016, inter alia, to consider the Un-audited Financial Results of the Company for the quarter and six months ended September 30, 2016 (Q2).Further, the Trading Window of the Company will be closed from October 01, 2016 to October 29, 2016 (Both days inclusive).30-09-2016
Updates
United Spirits Ltd has submitted to BSE a copy of the communication sent to the Luxembourg Stock Exchange where the Companys Global Depositary Shares (GDRs) are listed.22-09-2016
ED attaches Mallya's properties and shares worth Rs 6,630 crore
ED attaches Mallya's properties and shares worth Rs 6,630 croreThings ED attached include Mallya's farmhouse worth Rs 200 cr, apartment and mall in B'glore worth Rs 800 cr and shares of UBL and USL, worth Rs 3,000 cr.03-09-2016
Buy United Spirits Ltd., target Rs 2455.0 : Rakesh Bansal
Buy United Spirits Ltd. at a price target of Rs 2455.0 and a stop loss at Rs 2290.0 from entry point24-08-2016
Appointment of Director
United Spirits Ltd has informed BSE that the Board of Directors of the Company have passed a resolution in Circulation effective August 17, 2016 and appointed Mr. John Thomas Kennedy (Mr John) a nominee of Relay B V., an indirect wholly owned subsidiary of Diageo pic, as a non-executive non-independent director on the Board of the Company with effect from August 17, 2016.17-08-2016
Buy United Spirits., target Rs 2280.0 : Geojit BNP Paribas Financial Services
Buy United Spirits Ltd. at a price target of Rs 2280.0 and a stop loss at Rs 2206.0 from entry point12-08-2016
Sell United Spirits Ltd., target Rs 1800.0 : Nooresh Merani
Sell United Spirits Ltd. at a price target of Rs 1800.0 and a stop loss at Rs 2250.0 from entry point11-08-2016
Outcome of AGM
United Spirits Ltd has submitted to BSE a copy of the proceedings of the 17th Annual General Meeting (AGM) of the Company held on August July 14, 2016.10-08-2016