United Spirits Acquisition Worth ₹2.69 Cr
United Spirits completed its acquisition of a 10.08% stake in Nuvola Spirits Private Limited for an aggregate cash consideration of ₹2.69 Crore.
- Value
- ₹2.69 Cr
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United Spirits completed its acquisition of a 10.08% stake in Nuvola Spirits Private Limited for an aggregate cash consideration of ₹2.69 Crore.
United Spirits Limited received an ESG score of 75 for 2026 from NSE Sustainability Ratings and Analytics Limited, compared to a score of 73 for 2025.
United Spirits Limited has received an improved ESG rating of 'Crisil ESG 67' and 'Crisil Core ESG 67' from CRISIL ESG Ratings & Analytics Limited.
United Spirits Limited received a revocation order from the FSSAI. The order resumes sales of identified whisky products produced at its Madhya Pradesh manufacturing unit.
FSSAI has revoked its order dated 29th June 2026 regarding product labels at United Spirits' Baramati unit. The company notes no material financial impact.
United Spirits has extended Ms. Archana Sasan's tenure as Interim General Counsel until December 31, 2026. This move ensures leadership continuity within the legal department.
United Spirits Limited concluded its 27th Annual General Meeting on August 4, 2026. Shareholders approved resolutions including the declaration of a final dividend.
United Spirits has filed a Writ Petition in the Bombay High Court challenging an FSSAI order regarding product labeling. No material financial impact is expected.
United Spirits delivers strong double-digit P&A growth driven by Smirnoff's performance, but masks a volume contraction caused by policy headwinds in Maharashtra.
United Spirits Limited entered into a Share Subscription and Shareholder Agreement (SSHA) to acquire a stake in Nuvola Spirits Private Limited. This strategic investment includes customary investor protection rights.
United Spirits Limited will acquire a 10.08% stake in Nuvola Spirits Private Limited for ₹2.69 Crore. This strategic investment expands its portfolio in the craft beverage segment.
United Spirits Ltd reported revenue from operations of ₹2,703 Cr (+6.0% YoY) and net profit of ₹391 Cr (+51.6% YoY) for Q1 FY27.
United Spirits Ltd reported revenue from operations of ₹6,122 Cr (+5.1% YoY) and net profit of ₹463 Cr (+11.0% YoY) for Q1 FY27.
United Spirits Limited submitted its Business Responsibility and Sustainability Report for FY 2025-26. The report includes an independent assurance statement from Price Waterhouse & Co.
United Spirits Limited released its Integrated Annual Report for FY 2025-26. The 27th AGM is scheduled for August 4, 2026, via video conferencing.
United Spirits Limited convened its 27th AGM for August 4, 2026. Agenda includes adopting FY26 results and declaring an INR 11 per share final dividend.
United Spirits Limited scheduled a board meeting for July 22, 2026. The board will consider unaudited standalone and consolidated financial results for the June quarter.
United Spirits announced the closure of its Hyderabad manufacturing unit effective July 8, 2026. The unit contributed approximately Rs. 599 Crore (2%) to annual revenue.