United Spirits

United Spirits appoints new Finance Head, Company Secretary

These appointments came in the wake of Diageo-owned United Spirits' Board asking its erstwhile promoter and current Chairman Vijay Mallya to quit alleging fund diversion to Kingfisher and other UB Group entities.

Apr 27, 2015, 14:21 PM IST

USL shares down 2.5% as Mallya asked to quit board

The stock lost 2.44 per cent to Rs 3,330 on the BSE, while at NSE, it went down by 2.52 per cent to Rs 3,330.

Apr 27, 2015, 13:02 PM IST

Vijay Mallya says only shareholders can 'oust' him from USL

Mallya also said that only "shareholders can 'oust' a Director" and he would continue to function as USL Chairman "in the normal manner".

Apr 26, 2015, 15:07 PM IST

Diageo asks Mallya to quit USL board; alleges fund diversion

However, Mallya refused to resign and said the inferences and allegations are unjustified and false.

Apr 25, 2015, 20:40 PM IST

Diageo asks Vijay Mallya to step down as Chairman of United Spirits

Diageo, the world's largest spirits maker on Saturday asked Vijay Mallya to resign from the board of United Spirits (USL).

Apr 25, 2015, 20:28 PM IST

Diageo confident of retaining majority stake in United Spirits

Diageo Plc, which is up against legal hurdles in India regarding purchase of shares of United Spirits from United Breweries (Holdings) Ltd (UBHL), is confident that it would retain majority shareholding in the Indian firm even if the outcome of the cases were not to be in its favour.

Jan 29, 2015, 23:22 PM IST

United Spirits minority shareholders reject 9 proposals at EGM

Shareholders at the November 28 EGM rejected approval to a loan agreement dated July 3, 2013 between United Spirits Ltd (USL) and United Breweries (Holdings) Ltd.

Nov 30, 2014, 15:43 PM IST

United Spirits to report to BIFR as 50% peak networth eroded

The board of United Spirits Monday approved reporting of erosion of more than half of its peak networth to BIFR, the tribunal for sick companies.

Oct 20, 2014, 19:23 PM IST

Mallya gets shareholders' nod to continue as USL chairman

Vijay Mallya has been re-elected as non-executive director and chairman of United Spirits at the annual general meeting.

Oct 01, 2014, 13:53 PM IST

Zee Entertainment to replace United Spirits in Nifty

Changes would be effective from Sept. 19, according to the Nifty.

Aug 21, 2014, 10:10 AM IST

Zee Entertainment to replace United Spirits in Nifty from Sept 19

United Spirits will be replaced by Zee Entertainment Enterprises in the National Stock Exchange's benchmark index Nifty from September 19.

Aug 20, 2014, 20:24 PM IST

United Spirits defers 2014 results again

United Spirits Ltd has deferred its annual results for fiscal 2013-14 once again after its audit panel sought clarifications, the company said in a regulatory filing with the Bombay Stock Exchange (BSE) on Saturday.

Aug 02, 2014, 22:57 PM IST

Diageo buys fresh 26% in USL for Rs 11,449 cr

UK-based Diageo paid Rs 3,030 for a share of United Spirits Ltd (USL), more than double of Rs 1,440 it offered in the previous bid last year.

Jul 02, 2014, 18:17 PM IST