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United Spirits declines on getting notices from MCA, I-T Department for inspection of book

United Spirits Ltd. | Breweries & Distilleries | FMCG | BSE: 532432 | NSE: UNITDSPR

28 May 2015 Evaluate

United Spirits is currently trading at Rs. 3472.00, down by 37.05 points or 1.06% from its previous closing of Rs. 3509.05 on the BSE.

The scrip opened at Rs. 3490.00 and has touched a high and low of Rs. 3524.80 and Rs. 3439.65 respectively. So far 21895 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4080.00 on 05-Mar-2015 and a 52 week low of Rs. 2226.00 on 05-Sep-2014.

Last one week high and low of the scrip stood at Rs. 3788.45 and Rs. 3439.65 respectively. The current market cap of the company is Rs. 50574.05 crore.

The promoters holding in the company stood at 58.87% while Institutions and Non-Institutions held 28.23% and 12.41% respectively.

United Spirits (USL) has received notices from the Ministry of Corporate Affairs (MCA) and the I-T Department for inspection of its book subsequent to a probe ordered by its new management over alleged irregularities in loans given by it to various companies of Vijay Mallya-led UB Group.

Earlier in September 2014, the board of USL, in which Diageo bought a controlling 55 percent stake for about $3 billion, had ordered a detailed and expeditious inquiry into role of individuals involved and potential non-compliance of the Companies Act, 1956. Subsequently, in April this year, the new management under Diageo had asked Vijay Mallya to step down from the chairmanship of USL alleging funds diversion to Kingfisher and other UB group entities.

United Spirits is the largest spirits company in India and a flagship entity of $2 billion UB group. It manufactures wide range of whisky, vodka, rum and other spirits.

United Spirits Share Price

1303.00 48.35 (3.85%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
United Spirits	1303.00
United Breweries	1494.10
Radico Khaitan	3188.25
India Glycols	975.65
Allied Blenders	573.50
View more..

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United Spirits declines on getting notices from MCA, I-T Department for inspection of book

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