Update on the Scheme of Arrangement between United Spirits Limited and Enrica Enterprises Private Limited
United Spirits Ltd has informed BSE that the Hon'ble High Court of Karnataka, Bangalore, at the hearing held on February 19, 2015, has sanctioned the Scheme of Arrangement ("Scheme") between United Spirits Limited ("the Company") and Enrica Enterprises Private Limited (Enrica) and their respective shareholders and creditors, in respect of hive off of the Company's unit at Poonamallee, Chennai to Enrica. The Hon'ble High Court of Judicature at Madras...20-02-2015