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United Breweries Limited (UBL) is engaged in the business of manufacture and sale of beer and non-alcoholic beverages.
UBL expands Heineken® Silver into Kerala, Odisha, and Madhya Pradesh. This strategic move accelerates premiumization, capitalizing on growing consumer demand for premium beer experiences. The launch strengthens UBL's portfolio and robust pan-India distribution network, reinforcing its innovation-led growth.
Company proposed a ₹10 per share dividend for the past fiscal year. Dividends are now taxable for shareholders due to new tax rules. The company will deduct tax at source; investors can submit exemption forms online.
Company reminds shareholders about the transfer of shares and unclaimed dividends to the IEPF for those who haven't claimed dividends for seven or more years. Unclaimed amounts and shares will be moved to the fund if not claimed promptly.
UBL launched Heineken® Silver, a premium mild lager beer, in Haryana. This move expands Heineken's presence in India, targeting consumers seeking smooth, refreshing international premium beers and boosting the premium beer category.
United Breweries is closing its Ludhiana brewery unit. To maintain supply in Punjab and neighboring states, the company has secured a long-term capacity lease agreement with a contract brewing unit, ensuring no impact on business performance.