Mcdowell & Company Ltd has announced the Composite Scheme of Arrangement between Phipson Distillery Ltd, United Spirits Ltd, Herbertsons Ltd, Triumph Distillers & Vintners Pvt Ltd, Shaw Wallace Distilleries Ltd, Baramati Grape Industries Ltd, United Distillers India Ltd, McDowell International Brands Ltd, McDowell India Spirits Ltd and the Company sanctioned by the Hon'ble High Courts of Karnataka and Bombay provided for change of name of the Company from "Mcdowell & Company Ltd" to "United Spirits Ltd" and that of "McDowell India Spirits Ltd" to "McDowell Holdings Ltd".
Further the Company has informed that, the name of the Company has now been changed to "United spirits Ltd" w.e.f. October 17, 2006 and name of "McDowell India Spirits Ltd" has been Changed to "McDowell Holdings Ltd" w.e.f. October 17, 2006.