Outlook subdued for United Spirits
Concerns lie on volume growth looking at liquor bans by states as well as on the margin front03-06-2016
03-06-2016
USL to reduce debt by up to Rs 2,000 crore in two years
Mallya is currently facing arrest over allegations of defaulting bank loans of over Rs 9,400 crore. India is trying to bring Mallya back in India who left for UK in March.29-05-2016
Clarification
United Spirits Ltd has informed BSE regarding "Clarification on the Audited Standalone result of United Spirits Limited for the quarter and year ended March 31, 2016".27-05-2016
United Spirits Q4 net loss at Rs 8.99 crore
Liquor major United Spirits standalone net loss narrowed to Rs 8.99 crore for the fourth quarter ended March 2016, on account of exceptional items.26-05-2016
Announces Q4 & FY16 Results (Standalone & Consolidated), Form B (Standalone & Consolidated), Auditors Report (Standalone) & Results Press Release for the period ended March 31, 2016
United Spirits Ltd has announced the following results for the quarter & year ended March 31, 2016:The Audited Standalone results for the Quarter ended March 31, 2016The Company has posted a net (loss) of Rs. (89.90) million for the quarter ended March 31, 2016 as compared to Rs. (17992.80) million for the quarter ended March 31, 2015. Total Income has increased from Rs. 21256.80 million for the quarter ended March 31, 2015 to Rs....26-05-2016
Updates
United Spirits Ltd has informed BSE the Board of Directors of the Company have passed a resolution in Circulation effective May 24, 2016 appointing Mr Vinod Rao, a nominee of Relay B V., an indirect wholly owned subsidiary of Diageo Plc, as a non-executive non-independent director on the Board of the Company.25-05-2016
Timeline: All about Mallya-Diageo deal
Vijay Mallya began after he inked a settlement with Diageo in February this year. It was a deal that release him from claims of mismanaging United Spirits.20-05-2016
Sell United Spirits with a target of Rs 2350: CK Narayan
Sell United Spirits with a target of Rs 2350 and a stop loss of Rs 250020-05-2016
Intimation of the resignation of Mr. Sudhakar Rao, Non Executive Independent Director
United Spirits Ltd has informed BSE regarding "Intimation of the resignation of Mr. Sudhakar Rao, Non Executive Independent Director".20-05-2016