United Spirits Ltd.

Morgan Stanley has acquired additional 11.80 lakh shares in United Spirit via markets/ pledge. Following this acquisition, Morgan Stanley’s stake in the company increased to 5.20% from 4.89%. As on March 31, 2013, the promoters holding in the company stood at 25.48% while institutions and non-institutions held 52.64% and 21.59% stake in the company, respectively.

Recently, Morgan Stanley Asia (Singapore) has purchased 10,80,142 shares amounting to 0.74% stake, of United Spirits through an open market transaction for Rs 228.79 crore.

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.