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Recovery Officer Debt Recovery Tribunal sells Rs 716-cr shares in United Spirits

Recovery Officer Debt Recovery Tribunal on Friday offloaded shares worth over Rs 716 crore in United Spirits Ltd, through an open market transaction. Bulk deal data on the BSE showed that Recovery Officer I DRT II sold over 1.13 crore shares at an average price of Rs 630.93 apiece.

This translated into a total deal value of Rs 716.15 crore.

On the BSE, shares of United Spirits ended 2.27 per cent higher at Rs 665.6 apiece.

The above news was originally posted on economictimes.indiatimes.com

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The Aabkari(Abkari) Times magazine occupies a unique niche in the Indian media landscape. As the only Hindi monthly magazine dedicated to alcohol, liquor, excise, and allied industries, it caters to a specific audience with a specialized knowledge base.

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