Chennai Breweries-UB share swap ratio

Image
BS Reporter Mumbai
Last Updated : Jan 20 2013 | 8:04 PM IST

United Spirits (USL) today said the shareholders of Chennai Breweries (CBPL) will get 17 fully paid shares of United Breweries (UBL) of Re 1 each for every 30 fully paid shares of CBPL of Rs 10 each as per the scheme of amalgamation between CBPL and UBL.

United Spirits today said the CBPL's meeting has aproved the amalgamation of the CBPL, a wholly owned subsidiary USL, into UBL.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 11 2011 | 2:29 PM IST

Next Story