United Spirits Ltd.

BSE: 532432 | NSE: UNITDSPR
Mid Cap | Breweries & Distilleries
1406.20
16.15 (1.16%)
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Morgan Stanley acquires additional stake in United Spirits

Date: 04-09-2013

Morgan Stanley Asia (Singapore), Morgan Stanley India Capital and Morgan Stanley & Co. International plc, have acquired additional stake of 0.24% or 350,000 shares of United Spirits through market purchase on August 29. Post acquisition, Morgan Stanley’s holding in the company increased to 5.0976% from 4.8576% earlier.

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.