United Spirits Dividend 2025: Record date for interim dividend changed; check new date, other details

United Spirits Dividend 2025: United Spirits Ltd. announced that its interim dividend record date has changed. The leading alcohol drinks and beer manufacturer announced earlier that it will conduct its board meeting on March 27, 2025, to consider and declare an interim dividend for the current fiscal year 2024-25 (FY25).

However, the leading beverage alcohol company announced in an exchange filing that the record date for the dividend would be April 2, 2025. According to the new record date announced today, it is now fixed as April 3, 2025.

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United Spirits Dividend 2025: New record date

“We would like to inform that the date of the Board meeting, i.e. March 27, 2025, remains the same. However, the interim dividend, if declared, shall be paid to the shareholders of the company whose names appear on the Register of Members of the company or in the records of the Depositories as beneficial owners of the shares as on Thursday, April 3, 2025 (in lieu of Wednesday, 2nd April 2025) which is the revised record date fixed for this purpose,” said United Spirits in a regulatory filing to the stock exchanges.

United Spirits Dividend 2025: Board meeting on March 27

“…We hereby inform you that a meeting of the company's board of directors is scheduled to be held on Thursday, 27th March 2025, inter alia to consider declaration of interim dividend, if any,” said United Spirits. According to an earlier exchange filing, United Spirits had fixed the record date on April 2.

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The interim dividend, if declared, shall be paid to the shareholders of the Company whose names appear on the Register of Members of the company or in the records of the Depositories as beneficial owners of the shares as of, April 2025, which is the record date fixed for this purpose," added the liqor company.

On Tuesday, shares of United Spirits opened at ₹1,393.05 and swung to an intraday high of ₹1,405.60. Shares of United Spirits settled 1.83 per cent lower at ₹1,366.15 apiece on the BSE today. According to stock exchange data, the company commands a market cap of ₹99,367.04 crore.

While Vijay Mallya was the former chairman and promoter of United Spirits Ltd, the company, now a subsidiary of Diageo, is no longer under his sole ownership. In 2012, Mallya sold a majority stake in United Spirits to Diageo, a global spirits giant. With Diageo's acquisition, Mallya ceded management control of United Spirits to Diageo, retaining a minority stake.

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In 2016, Mallya resigned as chairman and director after Diageo agreed to pay him a settlement amount and absolve him of liabilities over alleged financial irregularities. United Spirits Ltd is now a subsidiary of Diageo, and Vijay Mallya no longer has ownership or control over the company.

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