Sale of Mallya shares in United Breweries fetches ₹1,008cr | Editorji
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Sale of Mallya shares in United Breweries fetches ₹1,008cr

Mar 28, 2019 12:28 IST

The Enforcement Directorate on Wednesday said that the sale of 74 lakh shares of fugitive Vijay Mallya's stake in United Breweries Holding Limited fetched ₹1,008 crore. Heineken International which is the largest stakeholder in the domestic liquor firm raised its stake by 2.8% to 46.53% after acquiring the shares. The move came after a special PMLA court allowed the sale of shares keeping in mind the large NPAs of the SBI-led consortium against Kingfisher Airlines and Mallya.

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