UNITDSPRNSEUnited Spirits LimitedMediumNeutral
Announced Mon, 18 May · 15:53 IST

Diageo Relay B.V. (formerly Relay B.V.) has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ownership Changes View source PDF

UNITDSPR · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹1312.00
prior close
₹1309.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.6+0.7+0.4-2.2-3.0-2.2-1.9-1.3-3.1-3.7+0.8+6.5
Up moveDown movePending
AI summary

Diageo Relay B.V., the controlling promoter of United Spirits Limited, has filed a declaration confirming that neither it nor any persons acting in concert (including Diageo plc) have created any encumbrance (pledge) on the shares held in USL during the financial year ending 31 March 2026. This is a routine regulatory filing required under SEBI's takeover regulations to disclose the status of promoter share pledges. The letter also notes a historical legal dispute from 2013-2014 regarding shares sold by United Breweries (Holdings) Limited to Diageo Relay B.V., which remains under a Supreme Court status quo order pending appeal.

Likely market impact

The filing confirms no additional pledge has been created on promoter shares, which is a neutral-to-positive signal for shareholders as it indicates no imminent risk of forced share sales by the promoter group.