United Breweries Limited has informed the Exchange regarding Change in Auditors of the company.
UBL · price
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United Breweries Limited has appointed B S R & Co. LLP as its new Statutory Auditor effective August 8, 2025, replacing Deloitte Haskins & Sells. Deloitte resigned following the conclusion of the 26th AGM on August 7, 2025, before completing their full term, which was originally scheduled to run until the 28th AGM. The change is driven by UBL's ultimate parent company Heineken, which itself approved a new statutory auditor effective January 1, 2025, and UBL wants to align its auditors with the same network for better group coordination and audit efficiencies. B S R & Co. LLP will serve until the conclusion of the 27th AGM in 2026, subject to shareholder approval. Deloitte's resignation letter explicitly states there were no concerns, no communication issues with the Audit Committee, and no other material reasons for the change.
This is a routine group-level auditor alignment with no governance red flags — Deloitte's own resignation letter confirms zero concerns or disputes. Shareholders need not be alarmed; B S R & Co. LLP is a large, well-established firm with 140+ partners and audits several listed companies. Expect minimal stock price impact.