United Breweries Ltd

Key Update

• Product launch: Heineken Silver launches in Kerala, Odisha, and Madhya Pradesh from August 25, 2026.

Meeting Details

• Date and time: September 03, 2026, 12:30 p.m. to 5:30 p.m. IST
• Type: Group in-person meeting; Location: Goa; Event: Capital Markets Day 2026
• Key participants: Company Secretary & Compliance Officer

AGM Details

• 27th AGM held on August 12, 2026 at 1:00 p.m. IST via VC/OAVM.

Key Resolutions

• Resolution 1: Adopt Audited financial statements for year ended 31 March 2026 (ordinary).
• Resolution 2: Declare dividend on equity shares for year ended 31 March 2026.
• Resolution 3: Re-appoint Radovan Sikorsky as Director (ordinary).
• Resolution 4: Re-appoint B S R & Co. LLP as Statutory Auditors for five years.
• Resolution 5: Increase borrowing limits and mortgage/charge (special).

Voting Results

• All five resolutions passed with requisite majority.
• No significant dissent or any resolution failed.

Dividend Details

• Dividend on equity shares declared for FY ended March 31, 2026; amount per share not disclosed.

Director Changes

• Radovan Sikorsky re-appointed as Director after retirement by rotation.

Auditor Appointments

• B S R & Co. LLP re-appointed as Statutory Auditors for a five-year term.

Filing status

• Wrapper-only filing with no substantive earnings data in this chunk.
• Transcript for Q1FY2026-27 earnings call referenced, link provided.

Overview

• Beer manufacturing and supply; standalone BRSR for FY2025-26.
• Boundary: standalone entity; 19 plants and 56 offices covered.
• Independent assurance by SGS India on BRSR core indicators.

Key ESG Risks & Opportunities

• Water stewardship risk due to water stress; mitigated via efficiency, reuse, harvesting.
• No quantified financial impact disclosed.
• Net-zero by 2030 ambition; biogas from wastewater, cogeneration, expanded renewables.

Governance & Policy Highlights

• CSR & ESG Committee oversees sustainability; Board oversight.
• ABAC/anti-bribery policy integrated into Code of Conduct; publicly accessible.
• Independent assurance: SGS India for BRSR core indicators; scope includes 19 plants, 56 offices.
• Penalties totaling ₹1,60,333.44 across HP and Uttarakhand excise authorities.
• Board approval of policies; alignment with NGRBC; policies translated and implemented.

Social Responsibility & Workforce

• Total employees 1,521; female 356; 23% female.
• Board female representation: 2 of 10 directors (20%).
• LTIFR: employees 0.28; workers 0.09; no fatalities.
• Well-being spend: 0.18% of revenue.
• 100% training coverage on human rights issues for employees/workers.
• Grievance mechanism: whistleblower policy with open-door access.

Environmental Performance

• Total energy: 1,915.51 TJ; renewable share: 1,849.05 TJ.
• Scope 2 emissions zero due to IRECs; Scope 1 emissions 7,132.4 tCO2e.
• Water withdrawal: 3,664,507 kl; consumption: 3,200,563 kl; intensity 2.72 kl/kl.
• Total waste: 295,428 MT; recycled 87,245 MT; reused 186,358 MT; landfilled 21,661 MT.
• ZLD at four sites; Chopanki implemented; others in progress.
• Net-zero by 2030 target; biogas, cogeneration, and solar/wind expansion.

Stakeholder Engagement & Complaints

• Stakeholders: customers, communities, suppliers, government, investors, and employees.
• Channels: emails, meetings, website; frequency monthly to annually.
• Complaints: shareholders 12 filed; customers 3,811; employees/workers 27; resolutions largely achieved.
• POSH complaints: 5 filed; all resolved or upheld.

Other Notable Metrics

• Data privacy: no data breaches; cybersecurity policy in place.
• MSME supplier share: 41.19% direct; 93.83% Indian suppliers.
• Affiliations with multiple trade associations including FICCI, CII, FEBI, AIBA, BAI, FKCCI, KBDA.
• CSR projects include Gram Swavalamban, Jal Shakti, Bin It Better, Bin Smart, and others.

AGM details

• 27th AGM on Aug 12, 2026 at 01:00 PM IST via VC/OAVM.
• Remote e-voting Aug 9–11, 2026, 09:00 AM to 05:00 PM IST.
• Voting cut-off date: Aug 5, 2026.
• Notice of AGM and Integrated Annual Report for FY2025-26 available on the company website.
• Notice of AGM and Integrated Annual Report sent to members electronically.

Resolutions proposed

• To receive, consider and adopt the Audited Financial Statements for year ended 31 March 2026.
• To declare a dividend on equity shares for the financial year ended 31 March 2026.
• To appoint a director in place of Radovan Sikorsky, who retires by rotation.
• To re-appoint Messrs. B S R & Co. LLP as statutory auditors.
• To increase borrowing limits from banks and/or financial institutions and create mortgage/charge.

Capacity expansion at Nizam Brewery

• New canning line commissioned at Nizam Brewery, Telangana.
• Increases annual capacity by 0.4 million hectolitres, from 0.5 to 0.9 million HL.
• Capex of ₹90 crore invested in 2025 as part of expansion.
• First trial production of Kingfisher Ultra cans.

Strategic and supply chain impact

• Canning capability strengthens UBL premium portfolio, including Kingfisher, Kingfisher Ultra and Heineken.
• Strengthens local supply chain and supports premiumization.
• No disruption to existing bottle production during expansion.
• Supports long-term growth of UBL's premium beer portfolio.

Dematerialisation processing status

• Dematerialisation requests for the quarter ended June 30, 2026 were processed (accepted/rejected) and confirmed to depositories.
• The securities dematerialised have been listed on the stock exchanges where the issuer's securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository registered owner substituted within 15 days.