Rs 5,441.07 crore through open offer.
The proposed open offer for an additional 26% stake in USL entails purchase of about 3.8 crore shares at a price of Rs 1,440 per share totalling Rs 5,441 crore, by Relay BV, a wholly-owned subsidiary of Diageo.
The open offer price has emerged as another area of concern as the share price of USL had surged above Rs 1,440-level in the very next trading session after announcement of the deal on November 9. Later, the stock had surged to as high as near Rs 2,100 level and is currently trading at about Rs 1,826.
USL, the country's largest spirits company, is part of Vijay Mallya-led UB Group.