United Spirits Limited - Company overview

Diago is a listed public limited company, first registered with ROC Bangalore on 31 March 1999.

1999-03-31 Bangalore, Karnataka Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 5.8%
FY 2025
PROFIT / LOSS
₹1000+ Cr
▲ 18.8%
FY 2025
EBITDA
₹1000+ Cr
▲ 19.4%
FY 2025
NET WORTH
₹1000+ Cr
▲ 13.2%
FY 2025
TOTAL ASSETS
₹1000+ Cr
▲ 18.4%
FY 2025
EMPLOYEE COUNT
1,871–1,880
OPEN CHARGES
4
-
PAID-UP CAPITAL
145.47 cr
AUTHORISED CAPITAL
739.20 cr
COMPANY AGE
27 Years 7 Months
since 1999-03-31
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-08-29
ACTIVE GST
24
Updated: 2024-07-04 15:39:54
TOTAL MONEY RAISED
₹1000+ Cr
SATISFIED CHARGES
110
25,810.75 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Diago covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
63/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (38), financial health (90), director (40) and company-foundation signals.
  • Operating for 27+ years.
Compliance Score High risk
38/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
90/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2025.
  • Positive net worth.
Director Risk Score High risk
40/100
Board strength, DIN status and churn.
  • 16 directors on the board.
  • Director PRADEEP JAIN has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Diago Company identity, industry, contact, and registration details from MCA and company records.

Diago is a listed public limited company, first registered with ROC Bangalore on 31 March 1999. Its registered office is at 'Ub Tower' # 24, Vittal Mallya Road, Bangalore, Karnataka. It was earlier known as Mcdowell And Company Limited.

Its filings describe the main line of business as food, beverages and tobacco products, which made up 99.53% of turnover.

It has 16 directors: Vinod Rao, Vegulaparanan Kasi Viswanathan, Mital Arvind Sanghvi and 13 others. The longest-serving is Vegulaparanan Kasi Viswanathan, on the board since 2016; the most recent to join is Vinod Rao, appointed in June 2026. Praveen Someshwar is the managing director. 35 former directors are on record; the most recent to leave was Emily Kathryn Gibson in November 2023. Between them, the directors also sit on the boards of 6 other companies, including Airtel Money Limited and Cohance Lifesciences Limited.

Paid-up capital stands at ₹145 crore out of ₹739 crore authorised. The last AGM on record was on 29 August 2025, for accounts made up to 31 March 2025. Four charges (secured loans) are still open, and 110 more have been paid off. Its shares trade on BSE (532432) and NSE (MCDOWELL-N).

Food and Beverages ••••••••
  • Location 'Ub Tower' # 24, Vittal Mallya Road, Bangalore, Karnataka - 560001
  • Website diageoindia.com
Name History
Legal NameUnited Spirits Limited
CIN / LLPINL01551KA1999PLC024991
Company No.024991
Stock Symbol BSE: 532432 | NSE: MCDOWELL-N
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1999-03-31
Date of AGM2025-08-29
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Diago (16) Current board members from MCA filings, including designation and appointment details.

V
Additional Director | Since 2026-06-13 | DIN: 01788921
V
Director | Since 2016-10-17 | DIN: 01782934
M
Company Secretary | Since 2020-06-01 | DIN: 08762882
H
Hina Nagarajan
CEO | Since 2021-07-01
P
Pradeep Jain
CFO | Since 2023-06-08
P
Managing Director | Since 2025-04-01 | DIN: 01802656

Financial Performance of Diago Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹1000+ Cr ▲ 5.8%
P&L ₹1000+ Cr ▲ 18.8%
EBITDA ₹1000+ Cr ▲ 19.4%
Net worth ₹1000+ Cr ▲ 13.2%

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Charges of Diago Open and satisfied charges registered against the company with MCA.

Deutsche Bank Ag : 550.00 cr
Standard Chartered Bank : 500.00 cr
The Hongkong And Shanghai Banking Corporation Limited : 325.00 cr
Dbs Bank Ltd : 225.00 cr
Open Charges: 4 Satisfied Charges: 110
Open -
Satisfied 25,810.75 cr
LenderAmountStatus
The Hongkong And Shanghai Banking Corporation Limited
Creation Date: 23 Dec 2015
325.00 cr Closed
Standard Chartered Bank
Creation Date: 28 Jan 2015
500.00 cr Closed
Deutsche Bank Ag
Creation Date: 08 Sep 2014
300.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingFood, beverages and tobacco products99.53

Companies With Common Directors Of Diago Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Diago Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Diago Ownership and contribution detail from filings. Full breakdown unlocks with your report.

9 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Diago EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Diago GST registrations and filing status by state. Full compliance detail unlocks with your report.

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GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Diago Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

5 regulatory flags on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Diago MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Diago Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

1 subsidiary on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Diago Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Diago Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Diago?
MCA does not publish an "owner" field. Diago is run by its directors, Vinod Rao, Vegulaparanan Kasi Viswanathan, Mital Arvind Sanghvi and 13 others, with Praveen Someshwar as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Diago?
Diago has 16 current directors: Vinod Rao (since June 2026), Vegulaparanan Kasi Viswanathan (since October 2016), Mital Arvind Sanghvi (since June 2020), Hina Nagarajan (since July 2021), Pradeep Jain (since June 2023) and Praveen Someshwar (since April 2025), plus 10 more. Praveen Someshwar is the managing director.
What is CIN of Diago?
The CIN of Diago is L01551KA1999PLC024991. Reading it left to right: L means it is listed, 01551 is the industry code it registered under, KA is Karnataka, 1999 is the year it was registered, PLC is the company type and 024991 is its registration number.
When was Diago incorporated?
Diago was incorporated on 31 March 1999 with ROC Bangalore. That makes it more than 27 years old.
What is the registered address of Diago?
The registered office on MCA records is 'Ub Tower' # 24, Vittal Mallya Road, Bangalore, Karnataka - 560001.
What is the current status of Diago?
MCA shows Diago as Active, and its last AGM on record was in August 2025.
What is the contact number or email for Diago?
You can post to its registered office at 'Ub Tower' # 24, Vittal Mallya Road, Bangalore, Karnataka - 560001 and use its website, https://diageoindia.com.
What industry or business activity is Diago associated with?
Its MCA filings list the main business as food, beverages and tobacco products (99.53% of turnover).
What is paid-up capital and authorised share capital of Diago?
Paid-up capital is ₹145 crore and authorised capital is ₹739 crore, so about 20% of the authorised amount has been issued.
When did Diago last file accounts and hold an AGM?
The last AGM on record was on 29 August 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Diago?
Four charges against Diago are still open and 110 have been satisfied. Lenders named in the filings include The Hongkong And Shanghai Banking Corporation Limited, Standard Chartered Bank and Deutsche Bank Ag.
Have any directors left Diago?
Yes, 35 former directors are on record. The most recent to leave were Emily Kathryn Gibson (November 2023), Mamta Sundara (April 2023) and Bhat Lakshminarayana Akshara (January 2022).
Which companies share directors with Diago?
6 companies share directors with Diago. Among them are Airtel Money Limited, Cohance Lifesciences Limited, Eureka Forbes Limited and 3 more.
What is the turnover or revenue of Diago?
Based on filed financial statements, the revenue of Diago for FY 2025 was in the ₹1000+ Cr range. That is up 5.8% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Diago?
For FY 2025, the net worth of Diago was in the ₹1000+ Cr range.
How can I get the financial details of Diago?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Diago?
The website on record for Diago is https://diageoindia.com.
Which company owns diageoindia.com?
diageoindia.com is the website listed for United Spirits Limited in its company records.
Is Diago registered with any stock exchange in India?
It is listed on both BSE (scrip code 532432) and NSE (symbol MCDOWELL-N).
Diago - is it listed or unlisted?
Diago is a listed company, and its CIN starts with L.
What is the ROC code of Diago?
Diago is registered with ROC Bangalore.
What is the company classification of Diago?
MCA classifies Diago as: Public Limited Indian Non-Government Company.
Does Diago have subsidiaries?
Yes, one subsidiary is on record for Diago.
Does Diago have GST registrations on file?
Yes, 24 active GST registrations are linked to Diago, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.