MoneyWorks4Me

United Spirits gets RBI’s nod to sell stake in Nepal subsidiary

04 Nov 2017 Evaluate

United Spirits (USL) has obtained approval from Reserve Bank of India (RBI) on November 2, 2017 for selling equity shares of United Spirits Nepal (Overseas subsidiary of the Company).

United Spirits (USL) 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.  


Peers
Company Name CMP
United Spirits 1370.05
United Breweries 1182.85
Radico Khaitan 4280.00
India Glycols 303.20
Allied Blenders&Dist 696.50
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