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United Spirits Ltd will sell 11.35 per cent stake in Pioneer Distilleries Ltd to comply with regulatory requirements of having 25 per cent public shareholding.
In a filing to the BSE, USL said: "The promoter and holding company of Pioneer Distilleries Ltd propose to sell 15,20,067 equity shares of Rs 10 each representing 11.35 per cent of the equity shares of the company (Pioneer) on September 24..."
�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��
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United Spirits Ltd will sell 11.35 per cent stake in Pioneer Distilleries Ltd to comply with regulatory requirements of having 25 per cent public shareholding.
In a filing to the BSE, USL said: "The promoter and holding company of Pioneer Distilleries Ltd propose to sell 15,20,067 equity shares of Rs 10 each representing 11.35 per cent of the equity shares of the company (Pioneer) on September 24..."
�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��
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