UBL gets Rs 116.25 cr demand notice from Patiala Market Committee over barley fees
UBL · price
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United Breweries received a demand notice of about Rs 116.25 crore from the Market Committee, Patiala for unpaid market fee and Rural Development Fund on barley purchases between April 2020 and March 2026. The demand includes Rs 9.35 cr market fee, Rs 93.46 cr penalty, Rs 9.35 cr RDF and Rs 4.10 cr interest. UBL plans to challenge the order, calling it arbitrary and factually and legally incorrect.
Demand of about Rs 116.25 cr is sizeable but UBL will contest it. Outcome uncertain; financial hit may be limited if challenge succeeds.