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United Spirits Ltd.
BSE: 532432 | NSE: UNITDSPR
Mid Cap | Breweries & Distilleries
1406.20
16.15 (1.16%) USL buys 19.99% more in Sovereign Distilleries
Date: 04-07-2011United Spirits (USL) has acquired additional 19.99% stake in Karnataka-based Sovereign Distilleries (SDL) for an undisclosed amount. In April, this year, USL had acquired 41.54% stake in SDL that produces extra neutral alcohol (ENA), a key raw material for spirits, using both molasses and grain and has a capacity to produce 180 kilo litres of alcohol per day (KLPD). crackcrack