VERIFIEDET Finance·12 Jun 2026neutral

Cupid Breweries to acquire United Spirits' alcobev unit in Odisha for Rs 22.5 crore

AI Summary

·Cupid Breweries and Distilleries will acquire an operational alcoholic beverage manufacturing unit in Odisha from United Spirits Limited.
·The acquisition is valued at Rs 22.5 crore.
·This move is part of Cupid Breweries' expansion strategy and Diageo India's divestment of non-core assets.