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

United Breweries shares rose more than 6% in intraday trading on January 20 after announcing the immediate resumption of beer supply to Telangana Beverages Corporation Limited.

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

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 ...

HYDERABAD: The United Breweries Limited (UBL) has resumed the supply of its Kingfisher brand of beers to wine depots. The UBL said that they stopped supply from ...

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 ...

HYDERABAD: Of Rs 3,600 crore that the Telangana Beverages Corporation Ltd (TGBCL) owes to different liquor companies, around Rs 2,700 crore — 75 per cent of it — was pending from the previous ...

United Breweries, manufacturers of Kingfisher beer and its range of products, has decided to resume supply in Telangana following discussions with the Telangana Beverages Corporation Ltd (TGBCL).

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.

In July, UBL, which is majority-owned by Dutch brewing giant Heineken NV, had said that TGBCL had run up Rs 900 crore in dues.

HYDERABAD: United Breweries Limited (UBL) on Wednesday decided to suspend, with immediate effect, the supply of beer to the Telangana Beverages Corporation Limited (TGBCL), due to the latter not ...