date:Jan 10, 2013
o-USL deal worth over Rs11,000 crore.Shareholders of USL have already approved the 10% preferential allotment of shares at Rs1,440 per share, as per Diageos news release. Arun Kejriwal, director at Kejriwal Research and Investment Services, said the delay may have a short-term sentiment impact though the deferment has no material medium to long-term effect on its outlook. USL was down 1.44% to close at Rs1,910 on the National Stock Exchange on Monday.
Meanwhile, USL pledged its entire 3.21% sta