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United Spirits Ltd reply to clarification sought by the exchange

 The Exchange had sought clarification from United Spirits Ltd with respect to disclosure dated April 25, 2015 titled "Notice under Clause 36 of the Listing Agreement" disseminated on Exchange website dated April 27, 2015 to submit the report mentioned in the Outcome of Board Meeting to the Exchange."United Spirits Ltd replied stating "The report which is referred to in the Announcement is an internal inquiry report ("Internal Report") submitted...
07-05-2015

United Spirits refuses to share internal probe details

 An internal inquiry report alleged chairman Vijay Mallya and some senior executives may have been involved in financial irregularities
06-05-2015

United Spirits investors hope Diageo will overcome Vijay Mallya, other hurdles

 Investors are betting that under Diageo, United Spirits will boost both its market share and long-depressed margins by increasing sales of pricey brands
05-05-2015
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Mallya can be removed as USL chairman by board: Proxy advisory

 Proxy firm says Diageo need not honour agreement if convinced by USL probe
05-05-2015
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Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

 United Spirits Ltd has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
05-05-2015
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Break pact with Mallya, proxy firm tells Diageo

 Proxy advisory firm Stakeholders' Empowerment Services (SES) has advised Diageo to renege on its deal with United Spirits Ltd (USL) Chairman Vijay Mallya, if it is convinced of the findings of a forensic report.
04-05-2015
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United Spirits may have to restate accounts

 Investor groups slam Diageo role
04-05-2015
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United Spirits May Have to Restate Accounts: Report

 Facing a multi-agency scrutiny, Diageo-owned United Spirits Ltd (USL) may have to restate its financial accounts, even as some investor groups have begun to question the UK-based parent's long silence...
04-05-2015
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Mallya-USL Row: Accounting Regulator Seeks Details from Sebi on Auditors' Role

 Concerned over the ongoing boardroom battle and the alleged lapses in the past, the minority shareholders of USL have also approached Sebi.
02-05-2015
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ICAI to probe auditors' role in United Spirits fund diversion

 They are to explain on what basis they certified the financial accounts of the company during 2010-2013
01-05-2015
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