United Spirits Executes Amended and Restated Share Purchase Agreement for Sale of RCSPL Shares
Published on: May 12, 2026, 1:35 a.m. | Source: scanx.trade
United Spirits Limited executed an amended and restated share purchase agreement (A&R SPA) on May 11, 2026, for the sale of 14,690 equity shares of its wholly owned subsidiary, Royal Challengers Sports Private Limited (RCSPL). The amendment introduces Big Banyan Holdings Pte. Ltd, Times Cricket LLP, and ICQ Opportunities RC Holdco, Ltd as new purchasers, while Aelius Investments Pte Ltd and Metropolitan Media Company Limited retire from the transaction. The aggregate consideration of INR 166.6 bn and the number of sale shares remain unchanged, with the change reflecting only a reorganisation of the legal entities within the purchasing consortium. The A&R SPA was executed under the initial Board approval granted on March 24, 2026, and disclosed pursuant to Regulation 30 of the SEBI LODR Regulations.
