United Spirits approves preferential allotment of shares to Diageo
United Spirits Ltd on Monday approved the allotment of 14.5 million shares on a preferential basis.
Written by Reuters
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United Spirits Ltd on Monday approved the allotment of 14.5 million shares on a preferential basis to a wholly owned unit of UK drinks group Diageo Plc,as part of the stake sale deal announced in November.