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 1242.60
United Breweries 1133.70
Radico Khaitan 4184.15
India Glycols 287.20
Allied Blenders&Dist 678.00
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