United Breweries Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

UBL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-1.8%1-day move

₹1645.00

prior close

₹1626.10

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.0+0.0-0.1-0.3-1.8-1.5-1.8-4.6-4.3-3.5-9.7-11.1-15.9-18.2

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AI summary

United Breweries Limited has received a GST Demand Order dated February 26, 2026 from the Commissioner of CGST & Central Excise, Raigad-Navi Mumbai, Maharashtra. The total demand is ₹31.88 crore, comprising ₹15.94 crore in GST plus an equivalent penalty. The dispute covers two issues: (i) taxability of assignment of leasehold land in Navi Mumbai, and (ii) classification of Non-Alcoholic Beverages (NAB). The company had already deposited ₹11.12 crore under protest before proceedings began. UBL says it has strong grounds to defend its position and is evaluating judicial and appellate remedies to challenge the order.

Likely market impact

This is a material tax demand that could pressure earnings if upheld after appeal, though UBL has already parked ₹11.12 crore and management expects to win on appeal. Near-term stock sentiment may turn cautious pending clarity on the next legal step.