United Spirits shareholders and shareholding pattern

NSE: UNITDSPRBSE: 532432BeveragesMid Cap

United Spirits Limited · Formerly Mcdowell & Company · Face value ₹2 · Listed Sep 2001

₹1,270.00₹31.00 (2.50%)BSE ₹1,265.00

Share price at the NSE close on 27 Oct 2026. Previous close ₹1,239.00.

27 Oct: open ₹1,237.50, high ₹1,283.90, low ₹1,228.00

52-week range of traded prices to 27 Oct 2026

₹1,210.80Low, 7 Apr 2026₹1,563.40High, 21 Aug 2026

Next results date: the board meets on 28 Oct 2026 to consider: financial results. The notice · Results calendar

Market cap: ₹92,374 Cr113th largest listed
P/E: 49.04
P/B: 10.32
Dividend yield: 1.34%
ROE: 22.1%
ROCE: 22.2%
Debt to equity: 0.00
Volume, NSE: 27,68,46369.4% delivered

United Spirits' shareholding pattern for Sep 2026, filed on 16 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns United Spirits, filing by filing

Per cent of all the company's shares, counting those held against depositary receipts traded abroad where a filing has them.

Sep 2026 filing

Promoters56.67%
Foreign institutions12.85%
Indian institutions17.65%
Governments0.01%
Individuals and others12.82%
Depositary receiptsNone

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others
Depositary receipts

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	58.48%	58.48%	58.48%	58.48%	58.48%	58.48%	56.76%	56.76%	56.76%	56.76%	56.76%	56.76%	56.76%	56.76%	56.76%	56.76%	56.76%	56.76%	56.76%	56.73%	56.73%	56.73%	56.73%	56.73%	56.73%	56.68%	56.68%	56.67%	56.67%	56.67%	56.67%	56.67%	56.67%	56.67%	56.67%	56.67%	56.67%	56.67%	56.67%	56.67%
Indian promoters	3.70%	3.70%	3.70%	3.70%	3.70%	3.70%	1.97%	1.97%	1.97%	1.97%	1.97%	1.52%	1.52%	0.82%	0.82%	0.82%	0.82%	0.82%	0.82%	0.80%	0.80%	0.80%	0.80%	0.80%	0.80%	0.80%	0.80%	0.79%	0.79%	0.79%	0.79%	0.79%	0.79%	0.79%	0.79%	0.79%	0.79%	0.79%	0.79%	0.79%
Foreign promoters	54.78%	54.78%	54.78%	54.78%	54.78%	54.78%	54.78%	54.78%	54.78%	54.78%	54.78%	55.24%	55.24%	55.94%	55.94%	55.94%	55.94%	55.94%	55.94%	55.94%	55.94%	55.94%	55.94%	55.94%	55.94%	55.88%	55.88%	55.88%	55.88%	55.88%	55.88%	55.88%	55.88%	55.88%	55.88%	55.88%	55.88%	55.88%	55.88%	55.88%
	41.10%	41.52%	41.52%	41.52%	41.52%	41.52%	43.24%	43.24%	43.24%	43.24%	43.24%	43.24%	43.24%	43.24%	43.24%	43.24%	43.24%	43.24%	43.24%	43.27%	43.27%	43.27%	43.27%	43.27%	43.27%	43.32%	43.32%	43.33%	43.33%	43.33%	43.33%	43.33%	43.33%	43.33%	43.33%	43.33%	43.33%	43.33%	43.33%	43.33%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16.07%	15.97%	15.38%	15.92%	16.51%	16.23%	16.68%	15.10%	16.11%	15.93%	14.98%	15.04%	14.38%	14.12%	14.41%	12.89%	12.85%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15.82%	15.74%	15.07%	15.56%	16.11%	15.90%	16.36%	14.78%	15.72%	15.53%	14.57%	14.72%	14.07%	13.87%	14.15%	12.62%	12.58%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.25%	0.24%	0.31%	0.36%	0.40%	0.33%	0.32%	0.31%	0.39%	0.40%	0.41%	0.33%	0.31%	0.26%	0.26%	0.27%	0.27%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11.62%	12.10%	12.71%	12.64%	12.33%	12.51%	12.28%	14.01%	13.16%	13.55%	14.60%	14.40%	14.90%	15.37%	15.37%	17.15%	17.65%
Mutual funds	4.86%	5.30%	4.75%	4.31%	4.25%	4.10%	4.09%	4.22%	4.73%	5.05%	5.34%	5.33%	5.29%	6.70%	6.77%	6.15%	5.76%	5.68%	5.72%	6.68%	7.49%	7.65%	8.03%	9.02%	9.54%	9.90%	10.07%	9.96%	10.39%	10.12%	11.86%	11.40%	11.50%	12.64%	12.13%	12.50%	12.72%	13.08%	15.03%	14.83%
Insurance companies	–	–	–	–	–	–	–	–	–	Under 0.01%	–	0.65%	0.49%	0.53%	0.68%	1.04%	2.00%	2.03%	2.06%	2.45%	2.19%	1.64%	1.64%	1.19%	1.15%	1.16%	0.88%	0.83%	0.68%	0.70%	0.74%	0.77%	0.89%	1.01%	1.26%	1.64%	1.79%	1.46%	1.21%	1.69%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.26%	0.15%	0.16%	0.19%	0.06%	0.05%	0.03%	0.05%	0.01%	0.02%	0.04%	0.01%	0.03%	0.04%	0.05%	0.06%	0.04%
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.08%	0.08%	0.10%	0.24%	0.32%	0.42%	0.77%	0.75%	0.70%	0.59%	0.69%	0.75%	0.64%	0.58%	0.62%	0.56%	0.15%	0.21%	0.27%	0.45%	0.51%	0.52%	0.50%	0.56%	0.58%
Alternative investment funds	0.08%	0.08%	0.06%	0.06%	0.06%	0.16%	0.23%	0.23%	0.07%	0.09%	0.07%	0.12%	0.14%	0.16%	0.19%	0.20%	0.22%	0.15%	0.18%	0.19%	0.15%	0.19%	0.26%	0.44%	0.65%	0.79%	0.75%	0.83%	0.79%	0.80%	0.79%	0.82%	0.92%	0.63%	0.55%	0.22%	0.29%	0.27%	0.28%	0.51%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15.57%	15.19%	15.22%	14.76%	14.49%	14.58%	14.36%	14.21%	14.05%	13.84%	13.74%	13.88%	14.04%	13.83%	13.54%	13.28%	12.82%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.49%	6.23%	6.33%	5.94%	5.82%	5.92%	5.76%	5.62%	5.48%	5.48%	5.45%	5.94%	5.75%	5.57%	5.38%	5.19%	4.80%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.12%	3.13%	3.05%	3.08%	2.92%	2.76%	2.78%	2.79%	2.72%	2.85%	2.71%	2.32%	2.54%	2.50%	2.47%	2.47%	2.50%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.12%	2.06%	2.07%	2.03%	1.97%	1.87%	1.84%	1.86%	1.85%	1.67%	1.67%	1.73%	1.72%	1.76%	1.58%	1.67%	1.66%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.53%	0.52%	0.53%	0.51%	0.50%	0.79%	0.74%	0.71%	0.77%	0.62%	0.69%	0.67%	0.60%	0.60%	0.69%	0.57%	0.53%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.00%	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Foreign companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.00%	–	–	–	–	–	–
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.46%	0.46%	0.46%	0.46%	0.46%	0.46%	0.46%	0.46%	0.45%	0.45%	0.45%	0.45%	0.45%	0.45%	0.44%	0.44%	0.43%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.85%	2.79%	2.79%	2.74%	2.81%	2.79%	2.78%	2.77%	2.77%	2.76%	2.76%	2.77%	2.98%	2.96%	2.98%	2.95%	2.91%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.19%	0.05%	0.01%	Under 0.01%	0.04%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.02%	Under 0.01%	0.03%	0.03%	Under 0.01%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.07%	0.11%	0.07%	0.11%	0.11%	0.10%	0.11%	0.11%	0.10%	0.10%	0.11%	0.11%	0.11%	0.10%	0.09%	0.10%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.44%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	2.44%	2.44%	2.45%	2.46%	2.46%	2.44%	2.44%
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.22%	0.22%	0.23%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.21%	0.21%	0.21%	0.21%	0.21%	0.21%	0.21%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.19%	0.18%	0.18%	0.17%	0.16%
Depositary receipts	0.42%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Promoter shares pledgedShare of the promoters' own shares	3.13%	3.13%	3.13%	3.13%	3.13%	3.13%	3.38%	3.38%	3.38%	3.22%	3.22%	2.42%	2.42%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.18%	1.18%	1.18%	1.18%	1.18%	1.18%	1.18%	1.18%	1.18%	1.18%	1.18%	1.18%	1.18%
Shares in issue	14,53,27,743	14,53,27,743	14,53,27,743	14,53,27,743	14,53,27,743	14,53,27,743	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,66,38,715	72,73,50,853	72,73,50,853	72,73,50,853	72,73,50,853	72,73,50,853	72,73,50,853	72,73,50,853	72,73,50,853	72,73,50,853	72,73,50,853	72,73,50,853	72,73,50,853	72,73,50,853	72,73,50,853	72,73,50,853
Shares underlying depositary receipts	6,17,506	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of United Spirits shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	98,720	96,456	85,816	82,345	77,996	80,275	89,837	1,00,609	1,02,810	1,15,999	1,16,735	1,08,840	1,14,033	1,24,525	1,43,345	1,78,540	1,68,849	1,87,139	1,83,411	1,91,699	2,34,926	2,41,111	2,52,264	2,74,307	2,58,189	2,68,993	2,49,395	2,49,741	2,64,583	2,51,095	2,52,121	2,45,558	2,57,769	2,64,995	2,88,900	3,23,938	3,03,746	2,92,661	2,93,859	2,58,028
	8	8	8	8	8	8	6	6	6	6	6	6	6	5	5	5	5	5	5	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4
Indian promoters	7	7	7	7	7	7	5	5	5	5	5	5	5	4	4	4	4	4	4	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Foreign promoters	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	98,711	96,448	85,808	82,337	77,988	80,267	89,831	1,00,603	1,02,804	1,15,993	1,16,729	1,08,834	1,14,027	1,24,520	1,43,340	1,78,535	1,68,844	1,87,134	1,83,406	1,91,695	2,34,922	2,41,107	2,52,260	2,74,303	2,58,185	2,68,989	2,49,391	2,49,737	2,64,579	2,51,091	2,52,117	2,45,554	2,57,765	2,64,991	2,88,896	3,23,934	3,03,742	2,92,657	2,93,855	2,58,024
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	564	595	572	579	624	629	649	616	645	679	695	708	605	614	602	566	567
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	541	570	547	558	599	606	623	591	615	647	661	677	580	593	580	546	548
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	23	25	25	21	25	23	26	25	30	32	34	31	25	21	22	20	19
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	299	324	293	294	312	314	320	313	309	367	395	116	115	105	104	105	104
Mutual funds	92	89	71	77	77	67	71	74	88	99	90	105	108	129	147	145	143	141	135	155	167	176	182	201	214	198	198	207	210	216	229	237	266	295	39	39	40	43	44	41
Insurance companies	–	–	–	–	–	–	–	–	–	2	–	8	11	12	23	36	33	23	23	42	36	19	14	25	26	13	15	19	11	17	9	10	24	21	13	16	16	14	16	18
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	25	26	25	26	26	29	28	29	25	27	27	24	26	24	23	24	24
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7	5	7	13	14	15	17	20	18	18	18	19	19	23	19	14	7	10	12	1	1	1	1	1	1
Alternative investment funds	2	3	1	1	2	4	5	5	3	5	5	7	6	7	9	8	9	9	10	12	10	15	18	22	33	33	28	33	33	31	23	24	34	35	34	28	20	18	15	15
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8	7	6	8	8	8	9	9	6	6	5	5	5	4	5	5	5
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,73,439	2,57,265	2,68,123	2,48,517	2,48,800	2,63,635	2,50,121	2,51,187	2,44,599	2,56,718	2,63,900	2,88,071	3,23,213	3,03,022	2,91,950	2,93,183	2,57,352
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,63,592	2,47,902	2,59,158	2,39,971	2,40,617	2,55,085	2,41,553	2,42,468	2,36,349	2,47,756	2,54,838	2,79,058	3,09,095	2,88,948	2,77,950	2,79,371	2,44,831
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	49	50	48	49	46	43	44	45	42	43	40	33	35	34	32	32	33
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,160	1,885	1,763	1,701	1,581	1,592	1,523	1,530	1,328	1,373	1,389	1,380	1,511	1,642	1,486	1,313	1,171
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7,375	7,236	6,880	6,677	6,341	6,708	6,792	6,941	6,703	7,364	7,450	7,398	7,849	7,829	8,016	8,131	7,729
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	2	2	2	2	2	0	0	0	–	1	1	3	2	2
Foreign companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	0	0	0	–	–	–	–	–	–
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	259	188	270	114	210	202	204	198	176	181	182	201	4,721	4,567	4,462	4,333	3,585
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	190	92	79	20	22	17	20	12	15	19	13	13	13	10	12	9	10
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	42	69	166	70	164	162	161	163	137	140	146	160	188	215	188	153	139
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	26	25	22	21	21	20	20	20	21	19	21	27	27	28	25	23	21
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	2	2	2	2	2	2	2	2	2	1	1	1	1	1	1
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4,492	4,313	4,236	4,147	3,414

United Spirits promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Diageo Relay B.V., 55.88%. The filing names 4 more members with no shares.Promoter buying and selling

Holder
Diageo Relay B.V.Foreign companies and others	55.88%	40,64,47,245	0.00%
United Breweries (Holdings) LimitedIndian companies, trusts and others	0.76%	55,55,265	87.91%
Vittal Investments Private LimitedIndian companies, trusts and others	0.02%	1,56,350	0.00%
Vijay MallyaIndividuals and Hindu undivided families	0.01%	62,550	0.00%

Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of United Spirits, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding United Spirits

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
USL Benefit TrustOther non-institutions	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%	2.38%
Government Pension Fund GlobalForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.07%	1.07%	–
GOVERNMENT OF SINGAPOREForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.01%	1.33%	1.13%	–	–	1.04%	1.06%	–	–	–	–	–	–	1.45%	1.35%	1.03%	–	–	–	–	–	–
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITEDInsurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.53%	1.52%	1.57%	1.33%	1.05%	1.09%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
RECOVERY OFFICER I DRT IICentral Government Or State Government SOr President Of India	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.72%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
DEPUTY DIRECTOR , DIRECTORATE OF ENFORCEMENT,MUMBAICentral Government Or State Government SOr President Of India	–	–	–	–	–	–	–	–	–	–	1.72%	1.72%	–	–	1.72%	1.72%	1.72%	1.72%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
DEPUTY DIRECTOR , DIRECTORATE OF ENFORCEMENT,MUMBACentral Government Or State Government SOr President Of India	–	–	–	–	–	–	1.72%	1.72%	1.72%	1.72%	–	–	1.72%	1.72%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
NEW WORLD FUND INCInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	–	–	–	–	1.08%	1.18%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
SOCIETE GENERALEInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	–	–	–	–	–	1.00%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
CARMIGNAC PATRIMOINEInstitutions Foreign Portfolio Investor	–	–	2.26%	2.41%	2.41%	2.40%	2.40%	2.40%	1.56%	1.56%	1.26%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
CLSA GLOBAL MARKETS PTE. LTDInstitutions Foreign Portfolio Investor	1.65%	1.65%	1.65%	1.66%	1.51%	1.51%	1.51%	1.44%	1.43%	1.43%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
CARMIGNAC GESTION A\C CARMIGNAC PATRIMOINEInstitutions Foreign Portfolio Investor	2.26%	2.26%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
KOTAK MAHINDRA (INTERNATIONAL) LIMITEDInstitutions Foreign Portfolio Investor	1.05%	1.05%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Jun 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

Foreign institutions: Government Pension Fund Global no longer named, from 1.07%