Morgan Stanley Asia (Singapore) PTE has sold 6.74 lakh shares of Radico Khaitan through the open market route. The shares were sold on an average price of Rs 90.30 valuing the transaction to Rs 6.08 crore.
Radico Khaitan (RKL), established in 1943 as Rampur Distillery, is one of the India's oldest and largest liquor manufacturers. The company owns three millionaire brands namely 8 PM Whisky, Contessa Rum and Old Admiral Brandy.