Diageo’s Indian arm, United Spirits Limited (USL) has announced it will close its manufacturing facility in Hyderabad, Telangana.

United Spirits has appointed Sanjeev Churiwala as its chief financial officer. 

Diageo’s United Spirits has reported an increase in half-year and second-quarter sales. 

Diageo has announced that it has completed the acquisition of a further 14.98% stake in United Spirits Limited (USL), the leading spirits company in India.

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.

India: United Spirits has crossed the milestone of 100 million cases for the fiscal year ended March 31, 2010.