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
20-05-2016
Updates
United Spirits Ltd has informed BSE that Mr. Anand Kripalu, Managing Director and Chief Executive Officer and Sanjeev Churiwala, Chief Financial Officer will be hosting a Q&A; session on May 27, 2016.18-05-2016
Diageo nominee on USL board
London-based liquor giant Diageo has decided to nominate John Kennedy as a non-executive director on the board of United Spirits. He replaces Nick Blazquez, who will leave Diageo to pursue new op...11-05-2016
Betting on United Spirits, Bharat Earth Movers: Shrikant Chouhan, Kotak Securities
Ee are moving up but that level is going to remain below its previous high of 7990. So 7940 is the next target for the market10-05-2016
FY16 results on May 26, 2016
United Spirits Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 26, 2016, inter alia, to consider the Audited Financial Results of the Company for the quarter and year ended March 31, 2016.Further, the Trading Window of the Company has been closed from April 01, 2016 and will remain closed till May 28, 2016.09-05-2016
Smirnoff hangover adds to Diageo's Indian woes
MUMBAI: Drinks giant Diageo's top brands reported a decline or flat growth last financial year even as the world's biggest liquor company consolidated control over United Spirits (USL), for which it paid $3 billion, making it the most expensive acquisition in Indian consumer industry. The British behemoth's largest selling trademark Smirnoff vodka dropped 28% in volume sales, declining to 6.15 lakh cases from 8.5 lakh cases in FY15, according to the trade figures sourced by this newspaper. VAT 69 scotch whisky sales stood at 2.7 lakh cases, down from 3.5 lakh cases, declining in double digits. The duty-paid sales of the core Johnnie Walker scotch whiskies, which include Red Label and Black Label, was down 14% to 2.03 lakh cases in the last fiscal. Black & White whisky, also among the four large Diageo brands operating in India, bucked the trend with volume sales rising 23%. Diageo, which is putting a messy takeover and troubled partnership with Vijay Mallya behind it, said the short-term view of numbers didn't present the right perspective. The acquisition saw Diageo handing over key brands to USL, hoping its international portfolio to gain big, riding on the distribution prowess of the largest Indian distiller. The...06-05-2016
Buy United Spirits with a target of Rs 2,600: Mitesh Thacker
Buy United Spirits Ltd with a target of Rs 2,600 and a stop loss of Rs 2,48005-05-2016
United Spirits shares rally 8% intraday on Diageo stake hike buzz, company denies
Shares of United Spirits rallied 8 per cent intraday on reports that Diageo Plc may raise stake in the liquor maker to 72 per cent from 54.78 per cent.03-05-2016
Clarifies on news item
With reference to the news flashed on CNBC TV 18 stating, "Diageo in initial talk to hike stake in united spirit to 72%.", United Spirits Ltd has submitted to BSE a copy of Clarification is enclosed.03-05-2016
Clarification sought from United Spirits Ltd
The Exchange has sought clarification from United Spirits Ltd on May 03, 2016 with reference to the news flashed on CNBC TV 18 stating, "Diageo in initial talk to hike stake in united spirit to 72%." The reply is awaited.03-05-2016