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ECL Finance Invokes 9.30 Lakh Pledged United Spirits Shares
21 Mar 2016, 10:34 PM IST i

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New Delhi: Financial services firm ECL Finance has invoked 9.30 lakh shares of United Spirits, worth about Rs 234.92 crore, pledged by Vijay Mallya-led McDowell Holdings Ltd.
In a BSE filing, McDowell Holdings Ltd said ECL Finance had invoked the shares on March 17.
Based on that day's closing price of Rs 2,526.10 apiece, the USL shares are worth around Rs 234.92 crore.
McDowell Holdings Ltd had 87,22,344 shares of United Spiri...
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