United Spirits Limited
Aditya Birla Sun Life Mutual Fund raised its stake in United Spirits from 1.90% to 2.10%, purchasing 14,91,996 shares. The fund now holds 1,53,04,346 shares valued at approximately ₹2,114 Cr.
India's leading beverage alcohol company, United Spirits manufactures, sells, and distributes a diverse portfolio of premium spirits brands including Johnnie Walker, McDowell's No.1, Smirnoff, Black Dog, and Captain Morgan. A subsidiary of global leader Diageo PLC, the company holds a commanding position in the domestic spirits market through its extensive distribution network, established brand recognition, and vertically integrated operations across production and retail channels.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.