Shares of United Spirits Ltd (USL) slipped by 4.18% to Rs879 in early noon
trades Tuesday after nearly 12.4 million shares representing about 12.4% equity
changed hands in two transactions on the exchanges. United Spirits raised
nearly Rs11 billion selling treasury stock, the deal was done with an aim to
de-leverage its balance sheet.
Earlier, the company, in a filing to the Bombay...