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United Spirits extends deadline for strategic review of liquor brands

30 Mar 2022 Evaluate

United Spirits has extended the deadline to complete the ‘strategic review’ of its select popular liquor brands till May 31, 2022. The company had earlier set the deadline of March 31, 2022 to complete the review process. The strategic review of selected popular brands initiated by the company on February 23, 2021 to consider all options to deliver sustainable long-term profitable growth is ongoing. The review is expected to be completed by May 31, 2022.

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

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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