Diageo Group

Showing of 1 - 20 from 3 results
Diageo Group - Total results - 3
SEBI exempts Diageo Group from making fresh open offer to United Spirits' shareholders
Business

SEBI exempts Diageo Group from making fresh open offer to United Spirits' shareholders

Diageo group was allegedly required to make an open offer due to the status of USL had changed from being an entity jointly controlled by the UB Group and the Diageo to a solely controlled entity of Diageo Group in November, 2015

Sebi exempts Diageo Group from making fresh open offer to United Spirit's shareholders
Business

Sebi exempts Diageo Group from making fresh open offer to United Spirit's shareholders

The $75-million sweetheart deal between its erstwhile promoter Vijay Mallya and new owner Diageo was also taken into account while Sebi issued show cause notice.

United Spirits allege irregularities by Mallya-led UB Group, begins move to recover Rs 1,337 cr
Business

United Spirits allege irregularities by Mallya-led UB Group, begins move to recover Rs 1,337 cr

UK's Diageo group-controlled United Spirits on Thursday alleged irregularities and potential violations of law in diversion of funds by the firm's erstwhile promoter Vijay Mallya-led UB Group and said it is initiating process to recover dues totaling to Rs 1,337 crore.