United Spirits Limited has informed the Exchange with reference to the issue of Equity Shares of face value of Rs. 10/- each of United Spirits Limited (the "Equity Shares") to Qualified Institutional Buyers under Qualified Institutional Placement in terms of Chapter VIII the SEBI Regulations for an amount of up to Rs. 16,156 Million (the "Issue"). Further the Company has informed that the duly authorised Committee of the Board of Directors of the Company has, at its meeting held on October 20, 2009 approved the Placement Document in relation to the Issue and decided to close the bid period with effect from October 20, 2009. Further the Company wish to inform that Rs.913.70 per Equity Share has been determined and approved in relation to the proposed Issue. A certified true copy of the resolution passed by the Committee of the Board of Directors of United Spirits Limited held on October 20, 2009 and a press release being issued by the Company in relation to the Issue shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).