UNITDSPRBSEUnited Spirits Ltd· BeveragesHighNeutral
Announced Mon, 11 May, 2026 · 19:09 IST

Disclosure under Regulation 30 of SEBI Listing Regulation, 2015 - Amended and restated share purchase agreement in relation to sale of Royal Challengers Sports Private Limited.

Core Business DivestedStrategic Transactions View source PDFExplain this filing

UNITDSPR · price

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

Price reactionminutes from the announcement price · days from the prior close
-1.4%Reaction day
₹1265.00
prior close
₹1266.10
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)-1.9%+0.5% vs market
Breweries & Distilleries peers, median of 25sector-3.8%+2.4% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty 100 and 2.4 pts more than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.3
10m
-0.6
15m
-0.7
30m
-1.0
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.4-1.9+0.5-3.8+2.4
Next day
-0.4-1.7+1.3-3.3+2.9
2d
+0.4-0.5+0.9-2.8+3.2
3d
+4.0-0.9+4.8-4.5+8.5
4d
+3.7-1.0+4.7-6.4+10.1
5d
+3.0-1.0+4.0-7.2+10.2
1w
+0.6-0.8+1.3-6.6+7.1
15d
-0.6-1.5+1.0-6.2+5.6
1m
+0.6-0.7+1.3-6.3+6.9
2m
+8.9+1.8+7.0-5.5+14.4
3m
+20.2+3.3+16.9-10.8+31.0
UpDownMarket · Nifty 100Sector · Breweries & Distilleries peers, median of 25Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

United Spirits Limited (USL) has executed an amended and restated share purchase agreement (A&R SPA) dated May 11, 2026, updating the purchaser lineup for the previously announced sale of its wholly-owned subsidiary, Royal Challengers Sports Private Limited (RCSPL). Some original purchasers (Aelius Investments Pte Ltd and Metropolitan Media Company Limited) have retired from the consortium, while new entities — Big Banyan Holdings Pte. Ltd, Times Cricket LLP, and ICQ Opportunities RC Holdco, Ltd — have been added as purchasers. The deal involves 14,690 equity shares of RCSPL at an unchanged aggregate consideration of INR 166.6 billion. The underlying consortium, sale shares, and total consideration remain the same, reflecting only a reorganisation of legal entities within the buying group. RCSPL is a related party as a wholly-owned subsidiary of USL, though the transaction itself does not qualify as a related party transaction.

Likely market impact

The amendment is administrative in nature and does not change the commercial terms or deal economics. The transaction value of INR 166.6 billion remains intact, and the deal appears on track for completion. No material impact on USL's share price is expected from this purchaser restructuring alone.