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United Spirits Limited — Call Transcript 2021
Feb 23, 2021
62402_rns_2021-02-23_1f374aca-ffd4-424c-b152-05f1161793be.pdf
Call Transcript
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United Spirits Limited
Registered Office: ‘UB Tower’ #24, Vittal Mallya Road, Bengaluru – 560 001 Tel: +91 80 4544 8000 Fax: +91 80 3985 6862 www.diageoindia.com
23[rd] February 2021
BSE Limited Listing Department Dalal Street, Mumbai 400 001 Scrip Code: 532432
National Stock Exchange of India Ltd Exchange Plaza, C-1 Block G, Bandra Kurla Complex, Bandra East, Mumbai- 400051 Scrip Code: MCDOWELL-N
Dear Sirs,
Sub: Announcement and investor call
Please find attached announcement titled “ Strategic Review of Selected Popular Brands ” issued by the Company.
The Company will be hosting a conference call at 6 p.m. IST, today i.e. 23[rd] February 2021. The details of the conference call are also attached.
This is for your information & records.
Thank you,
For United Spirits Limited
MITAL Digitally signed by MITAL ARVIND ARVIND SANGHVI Date: 2021.02.23 SANGHVI 15:45:44 +05'30' Mital Sanghvi Company Secretary
Enclosed as above.
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Corporate Identity Number: L01551KA1999PLC024991
Announcement
Strategic Review of Selected Popular Brands
United Spirits Ltd. (“USL”) is initiating a strategic review of selected Popular brands, continuing the strategy towards long-term profitable growth through premiumising the company’s portfolio.
USL’s Popular portfolio comprises around 30 brands and the strategic review will focus on approximately half of this portfolio by volume. This review will not include the McDowell’s or Director’s Special trademarks.
The strategic review is expected to be completed by the end of the 2021 calendar year.
Anand Kripalu, Managing Director & CEO, United Spirits Ltd, commented, ‘This review reinforces USL’s & Diageo’s commitment to deliver sustainable long-term growth and improved profitability, through a sharpened focus on core Popular and Prestige & Above brands, including international brands’.
BUSINESS UPDATE CALL
Anand Kripalu, Managing Director and Chief Executive Officer will be hosting a Business update call on Tuesday, 23 February 2021 at 18:00 hrs (IST time). If you would like to listen to the call, please use the dial in details below.
A transcript of the call will be available for download on 24th February 2021 at www.diageoindia.com.
Conference Joining Information Option 1
Express Join with Diamond Pass ™ No Wait Time https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=5234045&link SecurityString=1110e019e4
Option 2
When using dial-in numbers mentioned below please do so 10 minutes prior to the conference schedule to ensure that you are connected to your call in time.
+91 22 6280 1250 Universal Access +91 22 7115 8151 Local Access +91-7045671221 [Available all over India]
International Toll Free
USA: 18667462133 UK: 08081011573 Singapore: 8001012045 Hong Kong: 800964448 Japan: 00531161110 Australia: 1800053698 Poland: 008001124248
Netherlands: 08000229808 Switzerland: 0800564911
| France: | 0800914745 |
|---|---|
| Argentina: | 0080014243444 |
| Belgium: | 0080014243444 |
| Canada: | 01180014243444 |
| Germany: | 0080014243444 |
| Sweden: | 0080014243444 |
| Thailand: | 00180014243444 |
| Italy: | 0080014243444 |
| China: | 4008428405 |
| South Korea: | 00180014243444 |
International Toll
HongKong +852 30186877 Japan +81 345899421 Singapore +65 31575746 SouthAfrica +27 110623033 UK +44 2034785524 USA +1 3233868721