INDIA: United Spirits' board aims to sign-off delayed results next week
Diageo-controlled United Spirits has yet to submit its latest full-year financial results
In a statement to the Bombay Stock Exchange today, the company said its board will meet on 3 September to consider its draft accounts for the year-end to March, and any possible dividend. Last year's full-results were disclosed in May.
In June, United Spirits blamed the delay in reporting the results on problems with debtors and an outstanding loan. Prior to that, it pointed to having to factor in the impact of the proposed sale of its Scotch whisky business, Whyte & Mackay, as a mitigating factor.
Diageo took majority control of United Spirits last month, when it upped its stake to 54.78%.
Diageo has released a non-age statement whisky from its Dalwhinnie distillery that is made from casks laid down in winter. ...
- Interview - Pernod Ricard's luxury director
- What's coming up in wine in 2017? - Comment
- The just-drinks Analyst - 2017 forecasts
- The wine category in 2016 - Review of the Year IV
- The Cognac Category - Everything you need to know
- Edrington readies Americas, GTR exec switches
- Diageo Australia names new commercial head
- Diageo lines up 2017 Johnnie Walker expressions
- High-end Cognac making recovery in China - Pernod
- Drinks industry counters calls to ban alcohol ads
- The Next Seven Big Beverage Markets
- Global vodka insights - market forecasts, product innovation and consumer trends
- Darker Than Before: Global Prospects for Brown Spirits
- Global Cognac insights - market forecasts, product innovation and consumer trends
- Global gin insights - market forecasts, product innovation and consumer trends