USL shareholders approve allotment of shares to Diageo

14 December, 2012

Diageo has announced shareholders of United Spirits Limited have approved the preferential allotment to Diageo, at a price of INR1440 per share, of new shares amounting to 10% of the post-issue enlarged share capital of USL.

This preferential allotment of 14.53 million new shares remains conditional upon the satisfaction of (or in certain cases the waiver of) a number of conditions described in the announcement of 9 November 2012, including competition approval or clearance in India and elsewhere.





Comment

Christian Davis

Diageo’s Special Releases - released

Diageo’s 2016 Special Releases are being debuted this evening (September 21). Here are my rambling tasting notes with comments from master blender Maureen Robinson interspersed with an occasional discussion about cake/dessert comparisons.

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