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United Spirits Limited ( (IN:UNITDSPR) ) has issued an announcement.
United Spirits Limited has announced the approval of the sale of a residential property located at Malabar Hill, which includes furniture, fixtures, and fittings. The property is being sold for INR 172 crore to Mr. Ajaykumar Dineshkumar Vaghani and Mrs. Manisha Ajay Vaghani. This transaction does not involve any related party transactions and is conducted at arm’s length, indicating a strategic move to optimize the company’s asset portfolio.
More about United Spirits Limited
United Spirits Limited is a prominent player in the alcoholic beverages industry, primarily engaged in the production and distribution of spirits. The company is part of Diageo India and operates with a focus on the Indian market, offering a wide range of alcoholic beverages.
YTD Price Performance: -15.39%
Average Trading Volume: 14,053
Current Market Cap: 1019.5B INR
See more insights into UNITDSPR stock on TipRanks’ Stock Analysis page.