Tue, May 21, 2019
As far as annual interest is concerned, United Breweries has reduced 34% finance cost, thereby it will pay less. For example, if the company was paying Rs 100 as interest, now it will pay merely Rs 66.
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Thu, Nov 16, 2017
In 2015, Markets regulator Sebi had levied a fine of Rs 15 lakh on the company for disclosure lapses regarding creation and invocation of certain pledge transactions in shares of United Spirits
Tue, Feb 07, 2017
The Karnataka High Court on Tuesday ordered winding up of United Breweries Holdings Ltd (UBHL) for recovering dues payable by the UBHL-promoted defunct Kingfisher Airlines of Vijay Mallya.
Sat, Feb 04, 2017
The company said,"UBHL is not in a position to compile the financial data required for preparation and submission of the financial results and complying with the requirements of filing the unaudited financial results within the prescribed 45 days from the end of the quarter ended December 31, 2016. The circumstances are beyond the control of UBHL."
Thu, Jan 26, 2017
Market regulator Sebi is likely to order additional payout to small investors by way of a fresh open offer in loss to minority shareholders of United Spirits promoted by Vijay Mallya and new owner Diageo.
Fri, Oct 21, 2016
The Karnataka High Court on Thursday summoned beleaguered liquor baron Vijay Mallya to appear before it on November 24 for allegedly violating an undertaking given by him and his companies not to transfer their equity shares in United Breweries to Diageo Plc.
Thu, Sep 29, 2016
Beleaguered liquor baron Vijay Mallya on Thursday said Kingfisher Airlines has turned out to be a 'nightmare' and blamed government's adverse taxation policies and higher fuel prices for the business failure.
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