United Breweries announces the resumption of beer supply to Telangana Beverages Corporation, following discussions on pricing and overdue payments. Shares surge 5% in response.

TGBCL has assured the company to address its issues on pricing and outstanding payments in a time bound manner, UBL said ...

UBL had suspended the supply of its beer to Telangana Beverages Corporation Limited due to non-revision of basic price of the company’s beer from 2019-20 ...

United Breweries has decided to resume the supply of beer to Telangana Beverages Corporation Limited (TGBCL) with immediate effect, following ‘constructive discussions’ with the state government ...

The maker of Kingfisher beer said this is an "interim decision" taken in the "interest of consumers, workers and stakeholders".

United Breweries Limited had decided to halt its supply of Kingfisher and Heineken to Telangana, citing losses owing to the ...

The decision has been taken due to the non-revision of the basic price of the company's beer from 2019-20 by Telangana Beverages Corporation Ltd (TGBCL), resulting in huge losses in the state ...

United Breweries Limited will resume beer supplies to Telangana Beverages Corporation Limited after productive discussions. TGBCL assured United Breweries of resolving issues related to pricing and ...

In an exchange filing during market hours on Monday, January 20, United Breweries said the company had decided to resume the supply of its beer to TGBCL immediately. "We wish to inform you that ...

Despite Telangana Beverages Corporation Ltd (TGBCL) acknowledging outstanding payments, the state’s ability to clear these dues remains uncertain. Mint explains: What is TGBCL and how does it ...

We will continue to engage with TGBCL during this period.” The government owes `658.95 crores to UB as on date January 8. The total beer sales in 2023-24 were 547.95 lakh cases.