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UBHL
UBHL News
SEBI
16 Nov 2017
Sebi attaches bank, demat, MF accounts of Mallya's UBHL
The decision has been taken after UBHL failed to pay the fine imposed on it.
Vijay Mallya
28 Feb 2017
Vijay Mallya PMLA case: Court nod to ED to attach Rs 4200 crore assets
A special court here has confirmed the Enforcement Directorate order to attach Rs 4,200 crore assets of liquor baron Vijay Mallya and others, paving the way for their confiscation by the agency.
Karnataka HC
07 Feb 2017
Karnataka HC gives verdict to close UBHL
Vijay Mallya
29 Sep 2016
'Genuine' biz failure of Kingfisher now a 'nightmare': Vijay Mallya
Beleaguered liquor baron Vijay Mallya on Thursday said Kingfisher Airlines has turned out to be a 'nightmare' and blamed government's adverse taxation policies and higher fuel prices for the business failure.
Vijay Mallya
18 Sep 2016
Vijay Mallya in "full control" even after moving to UK: UB Group
Beleaguered businessman Vijay Mallya remains in "full control" even after relocating to UK, his UB group's holding firm United Breweries Holdings Ltd has said while disclosing remuneration totalling Rs 1.6 crore.
Vijay Mallya
25 Jul 2016
Vijay Mallya's loan default case: DRT to resume hearing on UBHL's plea countering banks
The Debt Recovery Tribunal in Bengaluru will resume its hearing Monday on the application filed by UBHL and Vijay Mallya seeking cross-examination the "shady" documents submitted by the consortium of bankers with regard to Rs 6,000 crore, which allegedly did not even have the seals of the parties.
loan default case
03 Jun 2016
Diageo Holdings Netherlands files interlocutory application before the Debt Recovery Tribunal
After British liquor giant Diageo Plc, Diageo Holdings Netherlands today filed an interlocutory application before the Debt Recovery Tribunal seeking vacating of DRT's order barring liquor baron Vijay Mallya from withdrawing USD 75 million exit buyout by it under a deal till disposal of SBI's case against him over loan default.
United Breweries (Holdings) Ltd
24 May 2016
UBHL seeks time till July to file results due to Mallya cases
United Breweries (Holdings) Ltd (UBHL) has sought time till July to file results for the last fiscal due to "uncertainties" resulting from ongoing cases against its Chairman Vijay Mallya.
Vijay Mallya
22 May 2016
Vijay Mallya's India woes now troubling his US beer firm
Legal proceedings in India against beleaguered businessman Vijay Mallya has now come to haunt his US-based brewery firm, which is banking on USD 1 million bridge loan promised by his holding firm for survival.
DRT
21 Apr 2016
DRT to resume hearing on banks' plea countering UBHL'S claims
The Debt Recovery Tribunal on Thursday will resume hearing on counter objections filed by SBI-led consortium of banks against Vijay Mallya-controlled UBHL's claim of Rs 594 crore from them for compensating the losses incurred by it due to the sale of USL equity shares by lenders at 'cheaper rate'.
SBI
13 Apr 2016
SBI-led consortium files counter to UBHL claim of Rs 594 crore
A consortium of banks led by State Bank of India Wednesday filed counter objections against Vijay Mallya-controlled UBHL's claim of Rs 594 crore from them for compensating the losses incurred by it due to the sale of USL equity shares by lenders at 'cheaper rate'.
Vijaya Mallaya
25 Mar 2016
Vijay Mallya case: HC adjourns United Breweries winding-up petition to April 11
UBHL
22 Mar 2016
ECL Finance invokes 7.05 lakh pledged UBL shares
In a BSE filing today, UBL said ECL Finance had invoked 7.05 lakh shares, accounting for 0.27 per cent stake, on March 17.
Vijay Mallya
16 Feb 2016
PNB declares Vijay Mallya-led United Breweries Holdings 'wilful defaulter'
Vijay Mallya-led United Breweries Holdings Ltd on Tuesday said it has been declared a "Willful Defaulter" by Punjab National Bank (PNB) and the company is consulting lawyers to challenge the decision.
Diageo
13 Sep 2015
Could lose title to 1cr shares of USL worth Rs 3K cr: Diageo
Diageo had purchased the shares amounting to 6.98 per cent stake in USL from UBHL as part the USD 3 billion deal in 2012 through which it had gained majority control in the Indian spirits maker.
United Breweries
24 Jul 2015
United Breweries Holdings Q1 net down 99.73% at Rs 2.15 crore
United Breweries (Holdings) Ltd (UBHL) on Friday reported a 99.73 percent fall in its net profit at Rs 2.15 crore for the first quarter ended June 30, 2015 on account of lower sales and exceptional item reported in the corresponding period last year.
Vijay Mallya
26 Apr 2015
Diageo asks Mallya to quit USL board; alleges fund diversion
However, Mallya refused to resign and said the inferences and allegations are unjustified and false.
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