United Spirits Limited (MCDOWELL-N.NS)

1,201.95 +7.20 (+0.60%) As of 09:37AM IST. Market open.

United Spirits Limited

UB Tower
No. 24, Vittal Mallya Road
Bengaluru 560001
India
91 80 2221 0705
https://www.diageoindia.com

Sector(s): Consumer Defensive
Industry: Beverages - Wineries & Distilleries
Full-time employees: 2,957

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Hina Nagarajan	MD, CEO & Director	102.16M	N/A	1965
Mr. Pradeep Jain	CFO & Executive Whole-time Director	3.72M	N/A	1969
Mr. Mital Arvind Sanghvi	VP of Treasury, Company Secretary & Compliance Officer	N/A	N/A	1979
Ms. Shilpa Vaid	Chief Human Resource Officer	N/A	N/A	1977
Mr. Prathmesh Mishra	Chief Commercial Officer	N/A	N/A	1970
Subroto Geed	Executive VP and COO of Popular & Franchise Business	N/A	N/A	1975
Shweta Jain	Chief Business Development Officer - Luxury Reserve Craft & Strategic Accounts	N/A	N/A	1976
Vikram Damodaran	Chief Innovation Officer	N/A	N/A	1975
Mr. Jitendra Mahajan	Chief Supply & Sustainability Officer	N/A	N/A	1970
Kashinath Jha	Vice President of Manufacturing	N/A	N/A	1969

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

United Spirits Limited manufactures, purchases, and sells alcoholic beverages and other allied spirits in India and internationally. Its alcoholic beverages include Scotch whisky, Indian made foreign liquor whisky, brandy, rum, vodka, and gin. The company primarily owns McDowell's No.1, Royal Challenge, Signature, Antiquity, Black Dog, Director's Special Black, McDowell's Rum, and McDowell's Brandy brands. It also manufactures, imports, and sells Diageo's iconic brands, such as Haig Gold Label, Captain Morgan, Johnnie Walker, J&B, Baileys, Lagavulin, Talisker, VAT 69, Black & White, Smirnoff, and Ciroc. In addition, the company holds the perpetual right to the Bangalore Franchise of Board of Control for Cricket in India –Indian Premier League. It exports its products. The company was formerly known as McDowell & Company Limited and changed its name to United Spirits Limited in October 2006. United Spirits Limited was founded in 1826 and is headquartered in Bengaluru, India. United Spirits Limited operates as a subsidiary of Relay B.V.

Corporate governance

United Spirits Limited’s ISS governance QualityScore as of 1 May 2024 is 2. The pillar scores are Audit: 9; Board: 2; Shareholder rights: 5; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.