United Spirits Limited has informed the Exchange about Closure of operations
UNITDSPR · price
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United Spirits has received approval from the Telangana Prohibition and Excise Department to transfer the excise license of its Nacharam (Hyderabad) manufacturing unit, effective November 1, 2025. Consequently, the company will cease operations at this unit. This follows the earlier disclosure of February 5, 2025, where the company had announced its intent to close the unit as part of a multi-year supply chain agility program approved by the Board in January 2023. The unit contributed only about 1.5% of the company's revenue from operations in FY 2023-24, indicating the financial impact is limited.
The closure of a small, sub-scale manufacturing unit (just 1.5% of FY24 revenue) is marginally positive for the long term, as it supports cost optimisation under the company's supply chain agility program. Near-term share price impact is expected to be minimal given the unit's small contribution to overall revenue.