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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 news appearing in Times of India on May 21, 2015 titled "USL to sell tony residential assets." United Spirits Ltd replied stating "The company constantly evaluates various options for unlocking the value of its assets. As and when any firm, definitive agreements are entered into and if they are material transactions, we will make necessary disclosures about the same at the appropriate time."
21-05-2015
Bigul

Clarification sought from United Spirits Ltd

The Exchange has sought clarification from the company with respect to news article appearing in Times of India on May 21, 2015 titled "USL to sell tony residential assets." The reply is awaited.
21-05-2015
Bigul

FY15 results on May 26, 2015

United Spirits Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 26, 2015, inter alia, to consider the Audited Financial Results of the Company for the three months and year ended March 31, 2015.In terms of the Code of Conduct adopted by the Company for Prevention of Insider Trading in the securities of the Company pursuant to the provisions of Securities and Exchange Board of India (Prohibition...
16-05-2015
Bigul

USL chalks out plans to return to growth

To cut cost, raise ad spend and save more for working capital
13-05-2015
Bigul

United Spirits snubs BSE too on Mallya probe report

Engaged in a boardroom battle with its Chairman Vijay Mallya, United Spirits has refused to share with the BSE its inquiry report on alleged fund diversion to UB Group firms, after rejecting a similar demand from another stock exchange NSE to make ...
07-05-2015
Bigul

United Spirits snubs BSE too on Mallya probe report

Engaged in a boardroom battle with its Chairman Vijay Mallya, United Spirits has refused to share with the BSE its inquiry report on alleged fund diversion to UB Group firms, after rejecting a sim...
07-05-2015
Bigul

Internal report: United Spirits refusal evokes mixed response

USL cites confidentiality, sensitivity as reasons
07-05-2015
Bigul

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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