We have kept staff insulated from board-level happenings
United Spirits CEO says the company is in the midst of big transformation30-11-2015
We have kept staff insulated from board-level happenings
United Spirits CEO says the company is in the midst of big transformationLack of spirit
The USL episode reveals that elaborate corporate governance frameworks can fail in crunch situationsLiquor makers fall after Bihar announces plan to ban alcohol
Stocks of liquor makers fell after Bihar today said that the State will go dry from April 1. United Spirits fell 4.72 per cent or Rs 159.05 to Rs 3,212.15. United Breweries was trading flat...Disclosure of Voting results of AGM (Clause 35A)
United Spirits Ltd has informed BSE regarding the details of Voting results at the 16th Annual General Meeting (AGM) of the Company held on November 24, 2015, under Clause 35A.Vijay Mallya Hints at Retiring Soon to Enjoy Life
Mallya's observations came in light of British liquor major Diageo, which bought majority stake (54.7 percent) in USL in 2012 and took control, asking him in April to step down from the board as chair...Vijay Mallya expected to chair United Spirits AGM amid shareholder differences
The AGM is to be held on Tuesday amid an ongoing tussle between Diageo-led United Spirits and Vijay Mallya over his chairmanshipUnited Spirits shareholders told to reject adoption of accounts at todays AGM
A proxy advisory firm has asked shareholders of United Spirits to reject the adoption of accounts during Tuesdays (November 24) annual general meeting. In its report, the proxy advisory...UB group to sell residual stake worth Rs 2,200 crore in USL
Proceeds from the sale would be used to repay loansClarifies on News Item
With reference to news reported on ET Now flashed @13.15 on November 09, 2015 - "Vijay Mallya in talks to sell stake in United Spirits Ltd. Worth Rs.3000 Cr to Diageo. Proceeds to pay Kingfisher dues. Diageo currently owns 55% in United Spirits Ltd.", United Spirits Ltd has submitted to BSE a copy of Clarification is enclosed.Clarification sought from United Spirits Ltd
The Exchange has sought clarification from United Spirits Ltd with reference to news reported on ET Now flashed @13.15 on November 09, 2015 - "Vijay Mallya in talks to sell stake in United Spirits Ltd. Worth Rs.3000 Cr to Diageo. Proceeds to pay Kingfisher dues. Diageo currently owns 55% in United Spirits Ltd."The reply is awaited.