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United Spirits reply to clarification sought by the exchange

22 May 2015 Evaluate

The Exchange had sought clarification from United Spirits with respect to news appearing in Times of India on May 21, 2015 titled ‘USL to sell tony residential assets.’ United Spirits replied stating that 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.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
United Spirits 1366.75
United Breweries 1242.10
Radico Khaitan 4345.00
India Glycols 280.95
Allied Blenders&Dist 632.20
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