United Spirits Limited
Kotak Mutual Fund decreased its stake in United Spirits from 1.58% to 1.50%, selling 5,57,946 shares.
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.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.