Share price at the NSE close on 23 Oct 2026. Previous close ₹1,182.60.
- Next results date: the board meets on 27 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹30,211 Cr228th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 28 Sep 2026
- 76.4
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹55 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 88.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 Sep 2026
- 6.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.88%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 28 Sep 2026
- 8.9%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹55 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 7.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 28 Sep 2026
- 8.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 Sep 2026
- 0.26
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,20,20151.0% delivered
United Breweries board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonAnand Kripalu
- Managing director and CEOVivek Gupta
- Company Secretary and Compliance OfficerNIKHIL MALPANI
10 directors5 independent2 executive3 non-executive
- Jan Cornelis van der LidenNon-executive · joined Jun 2020 · 1 listed board
- Manu AnandIndependent · joined May 2022 · reappointed May 2022 · 52 months as independent · 2 listed boards · 2 as independent · 2 committee seats
- Geetu Gidwani VermaIndependent · joined May 2022 · reappointed May 2022 · 52 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Anand Kripalu · ChairpersonIndependent · joined Feb 2023 · reappointed Feb 2023 · 43 months as independent · 4 listed boards · 3 as independent · 4 committee seats, 1 as chair
- Subramaniam SomasundaramIndependent · joined Jun 2023 · reappointed Jun 2023 · 39 months as independent · 4 listed boards · 4 as independent · 7 committee seats, 4 as chair
- Vivek Gupta · Managing director and CEOExecutive · joined Sep 2023 · 1 listed board · 1 committee seat
- Jorn Elimar KerstenExecutive · joined Aug 2024 · 1 listed board · 1 committee seat
- Yolanda TalamoNon-executive · joined Aug 2024 · 1 listed board
- Radovan SikorskyNon-executive · joined Aug 2024 · 1 listed board · 1 committee seat
- Ranjan Ramdas PaiIndependent · joined Oct 2024 · reappointed Oct 2024 · 23 months as independent · 2 listed boards · 2 as independent · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 4 Aug 20267 of 10 present4 independent · 66 days in between
- 29 May 20269 of 10 present5 independent · 23 days in between
- 5 May 202610 of 10 present5 independent
Audit Committee
Chair Subramaniam Somasundaram
Manu Anand, Anand Kripalu, Radovan Sikorsky
- 4 Aug 20264 of 4 present3 independent · 66 days in between
- 29 May 20264 of 4 present3 independent
- 5 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Manu Anand
Geetu Gidwani Verma, Anand Kripalu, Yolanda Talamo
- 4 Aug 20263 of 4 present3 independent · 91 days in between
- 4 May 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Anand Kripalu
Vivek Gupta, Geetu Gidwani Verma, Jorn Elimar Kersten
- 4 Aug 20264 of 4 present2 independent · 91 days in between
- 4 May 20264 of 4 present2 independent
Risk Management Committee
Chair Manu Anand
Jan Cornelis van der Liden, Geetu Gidwani Verma, Anand Kripalu, Vivek Gupta, Subramaniam Somasundaram, Jorn Elimar Kersten
- 31 Jul 20265 of 7 present4 independent
Corporate Social Responsibility Committee
Chair Geetu Gidwani Verma
Vivek Gupta, Yolanda Talamo, Ranjan Ramdas Pai
- 4 May 20264 of 4 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- BSR & Co. LLPPeer-review certificate valid to Jul 2028
1 earlier auditor
- Deloitte Haskins & SellsNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
United Breweries AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.United Breweries dividend history
Annual general meeting, 12 Aug 2026
95,257 shareholders on the register on 5 Aug 2026; present: 3 promoters and 56 others; votes counted by VINOD SUNDER RAMAN / MEGHA M VINOD & CO LLP.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statement (including Audited Consolidated Financial Statement) of the Company for the year ended March 31, 2026, together with the Reports of the Auditors and Directors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.37%
Turnout: all 82.80% · promoters 86.85% · institutions 93.63% · other public 0.04%
- To declare a Dividend on Equity Shares for the Financial Year ended March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 82.80% · promoters 86.85% · institutions 93.63% · other public 0.04%
- To appoint a Director in the place of Radovan Sikorsky (DIN: 09684447), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary97.11% for2.89% against
Against: promoters 0.00% · institutions 11.26% · other public 0.40%
Turnout: all 82.80% · promoters 86.85% · institutions 93.63% · other public 0.04%
- To re-appoint Messrs. B S R & Co. LLP, Chartered Accountants as statutory auditors.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.37%
Turnout: all 82.80% · promoters 86.85% · institutions 93.63% · other public 0.04%
- To increase the borrowing limits from banks and/or financial institutions and create mortgage/charge in connection with such borrowings.Special99.92% for0.08% against
Against: promoters 0.00% · institutions 0.31% · other public 0.45%
Turnout: all 82.80% · promoters 86.85% · institutions 93.63% · other public 0.04%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 18 Sep 2025, 1 resolution
72,903 shareholders on the register on 14 Aug 2025; votes counted by VINOD SUNDER RAMAN / MEGHA M VINOD & CO LLP.The company's voting result (opens in a new tab)
- Appointment of Messrs B S R and Co LLP Chartered Accountants as statutory auditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.63%
Turnout: all 82.70% · promoters 86.85% · institutions 91.62% · other public 0.30%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 7 Aug 2025, 5 resolutions
73,054 shareholders on the register on 31 Jul 2025; present: 3 promoters and 33 others; votes counted by VINOD SUNDER RAMAN / MEGHA M VINOD & CO LLP.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statement (including Audited Consolidated Financial Statement) of the Company for the year ended March 31, 2025, together with the Reports of the Auditors and Directors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.54%
Turnout: all 81.77% · promoters 86.85% · institutions 87.64% · other public 0.08%
- To declare a Dividend on Equity Shares for the Financial Year ended March 31, 2025.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 81.77% · promoters 86.85% · institutions 87.64% · other public 0.08%
- To appoint a Director in the place of Mr. Jorn Elimar Kersten (DIN: 10643152), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.72% for0.28% against
Against: promoters 0.00% · institutions 1.11% · other public 4.18%
Turnout: all 81.77% · promoters 86.85% · institutions 87.64% · other public 0.08%
- Appointment of Messrs BMP & Co. LLP as Secretarial Auditors for a term of five consecutive years from the financial year 2025-2026 to financial year 2029-2030.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.43%
Turnout: all 81.77% · promoters 86.85% · institutions 87.64% · other public 0.08%
- Payment of remuneration to the Non-Executive DirectorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 10.12%
Turnout: all 81.77% · promoters 86.85% · institutions 87.64% · other public 0.08%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 13 Dec 2024, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Dr. Ranjan Ramdas Pai (DIN: 00863123) as Director (‘Non-Executive Independent Director’).Special99.73% for0.27% against
Against: promoters 0.00% · institutions 1.04% · other public 1.08%
Turnout: all 82.99% · promoters 86.85% · institutions 93.16% · other public 2.02%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 12 Sep 2024, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Radovan Sikorsky (DIN: 09684447) as Director (‘Nonn -Executive Non-Independent Director’).Ordinary95.60% for4.40% against
Against: promoters 0.00% · institutions 17.38% · other public 4.29%
Turnout: all 82.40% · promoters 86.85% · institutions 91.58% · other public 0.28%
- Appointment of Ms. Yolanda Talamo (DIN: 10704805) as Director (‘Nonn -Executive Non-Independent Director’).Ordinary99.53% for0.47% against
Against: promoters 0.00% · institutions 1.84% · other public 4.27%
Turnout: all 82.40% · promoters 86.85% · institutions 91.58% · other public 0.28%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 1 Aug 2024, 5 resolutions
Present: 3 promoters and 47 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited Financial Statement of the Company (including audited consolidated Financial Statement) for the year ended March 31, 2024, together with the Reports of the Auditors and Directors thereon.MoreLess
Ordinary99.97% for0.03% againstAgainst: promoters 0.00% · institutions 0.11% · other public 0.54%
Turnout: all 82.30% · promoters 86.85% · institutions 90.88% · other public 0.11%
- To declare a Dividend on Equity Shares for the Financial Year endedn March 31, 2024.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.03% · other public 2.00%
Turnout: all 82.30% · promoters 86.85% · institutions 90.88% · other public 0.11%
- To appoint a Director in place of Mr. Jan Cornelis van der Linden (DIN:08743047), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary98.98% for1.02% against
Against: promoters 0.00% · institutions 4.04% · other public 2.95%
Turnout: all 82.30% · promoters 86.85% · institutions 90.88% · other public 0.11%
- Appointment of Mr. Jorn Elimar Kersten (DIN: 10643152) as a Director.Ordinary99.59% for0.41% against
Against: promoters 0.00% · institutions 1.64% · other public 3.64%
Turnout: all 82.30% · promoters 86.85% · institutions 90.88% · other public 0.11%
- Appointment of Mr. Jorn Elimar Kersten (DIN: 10643152), as a Whole-Time Director (Designated as Director and Chief Financial Officer) of the Company.Ordinary99.61% for0.39% against
Against: promoters 0.00% · institutions 1.55% · other public 2.95%
Turnout: all 82.30% · promoters 86.85% · institutions 90.88% · other public 0.11%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 15 Dec 2023, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Vivek Gupta (DIN 10311134) as a DirectorOrdinary99.81% for0.19% against
Against: promoters 0.00% · institutions 0.75% · other public 0.18%
Turnout: all 82.46% · promoters 86.85% · institutions 91.74% · other public 1.95%
- Appointment of Mr. Vivek Gupta (DIN 10311134), as Managing Director and Chief Executive Officer of the CompanyOrdinary99.70% for0.30% against
Against: promoters 0.00% · institutions 1.18% · other public 0.19%
Turnout: all 82.46% · promoters 86.85% · institutions 91.74% · other public 1.95%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 10 Aug 2023, 4 resolutions
Present: 4 promoters and 43 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited financial statements of the company (including audited consolidated financial statements) for the year ended March 31,2023, together with the reports of the Auditors and Directors thereon.MoreLess
Ordinary99.95% for0.04% againstAgainst: promoters 0.00% · institutions 0.18% · other public 0.21%
Turnout: all 81.99% · promoters 86.65% · institutions 90.29% · other public 0.08%
- To declare a Dividend on Equity Shares for the financial year ended March 31, 2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 81.99% · promoters 86.65% · institutions 90.30% · other public 0.08%
- To appoint a Director in the place of Mr. Christiaan August Josef Van Steenbergen (DIN 07972769), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.71% for0.29% against
Against: promoters 0.00% · institutions 1.15% · other public 0.65%
Turnout: all 81.99% · promoters 86.65% · institutions 90.29% · other public 0.08%
To appoint Mr. Subramaniam Somasundaram (DIN 01494407) as an Independent Director of the Company, with effect from June 04, 2023, for a term of five years i.e., up to June 03, 2028, and shall not be liable to retire by rotation.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 14.38%
Turnout: all 81.99% · promoters 86.65% · institutions 90.29% · other public 0.08%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 12 Aug 2026, 9 fund houses so far (houses' deadline to file 15 Oct 2026)
To receive, consider and adopt the Audited Financial Statement (including Audited Consolidated Financial Statement) of the Company for the year ended March 31, 2026, together with the Reports of the Auditors and Directors thereon.MoreLess
9 for0 against- To declare a Dividend on Equity Shares for the Financial Year ended March 31, 2026.9 for0 against
- To appoint a Director in the place of Radovan Sikorsky (DIN: 09684447), who retires by rotation and being eligible, offers himself for re-appointment.9 for0 against
- To re-appoint Messrs. B S R & Co. LLP, Chartered Accountants as statutory auditors.9 for0 against
- To increase the borrowing limits from banks and/or financial institutions and create mortgage/charge in connection with such borrowings.
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
- Angel One Mutual FundGovernance & Transparency concern: The Company has not adequately justified the proposed increase in the borrowing limit from ₹ 2,500 crore to ₹ 4,000 crore, particularly when more than 50% of the existing borrowing limit remains unutilized. The Company has not disclosed the existing non-fund-based borrowings.
- Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. Governance & Transparency concern: The Company has not adequately justified the proposed increase in the borrowing limit from ? 2,500 crore to ? 4,000 crore, particularly when more than 50% of the existing borrowing limit remains unutilized. The Company has not disclosed the existing non-fund-based borrowings.
6 for3 against
Mutual fund votes, meeting of 18 Sep 2025, 24 fund houses
- Appointment of Messrs B S R and Co LLP Chartered Accountants as statutory auditors24 for0 against
6 earlier meetings
Mutual fund votes, meeting of 7 Aug 2025, 23 fund houses
To receive, consider and adopt the Audited Financial Statement (including Audited Consolidated Financial Statement) of the Company for the year ended March 31, 2025, together with the Reports of the Auditors and Directors thereonMoreLess
23 for0 against- To declare a Dividend on Equity Shares for the Financial Year ended March 31, 2025.23 for0 against
- To appoint a Director in the place of Mr. Jorn Elimar Kersten (DIN: 10643152), who retires by rotation and being eligible, offers himself for re-appointment.23 for0 against
- Appointment of Messrs BMP & Co. LLP as Secretarial Auditors for a term of five consecutive years from the financial year 2025-2026 to financial year 2029-2030.23 for0 against
- Payment of remuneration to the Non-Executive Directors23 for0 against
Mutual fund votes, meeting of 13 Dec 2024, 19 fund houses
- Appointment of Dr. Ranjan Ramdas Pai (DIN: 00863123) as Director (‘Non-Executive Independent Director’).
Against Bajaj Finserv Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
- Bajaj Finserv Mutual FundComplaint with law. No concern on the merit of the proposed appointee. Governance concern: Fixed remuneration to IDs. "The Company is seeking shareholders’ approval for appointment of Mr. Ranjan Pai as a Non-Executive Independent Director of the Company, not liable to retire by rotation, for a period of five consecutive years, w.e.f. 24th October, 2024 to 23rd October, 2029. He set up MEMG in the year 2000 which is the holding entity for businesses spread across health care, education, health insurance, research and private investments. In the last two decades, his work across education and health care has broken new ground and redefined these sector. It is noted that Dr. Ranjan Pai shall not be entitled to any stock option however, he will be paid a base fixed fee which includes a commission and sitting fees for attending meetings of Board and Committees, in which he is a Chairperson / Member, as may be applicable from time to time subject to necessary approvals. The base fixed fee will be paid annually after the results are approved by the Board for previous financial year. We believe that fixed remuneration must not be paid to any Independent director, since such remuneration practices remove the link between directors’ performance and that of the Company. Further the quantum of payments which appears to be fixed in nature appears to be on the higher side. Hence we raise the concern in regards to appointment of the director."
- Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual FundComplaint with law. No concern on the merit of the proposed appointee. Governance concern: Fixed remuneration to IDs
15 for4 against
Mutual fund votes, meeting of 12 Sep 2024, 18 fund houses
- Appointment of Mr. Radovan Sikorsky (DIN: 09684447) as Director (‘Nonn -Executive Non-Independent Director’).18 for0 against
- Appointment of Ms. Yolanda Talamo (DIN: 10704805) as Director (‘Nonn -Executive Non-Independent Director’).18 for0 against
Mutual fund votes, meeting of 1 Aug 2024, 21 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the audited Financial Statement of the Company (including audited consolidated Financial Statement) for the year ended March 31, 2024, together with the Reports of the Auditors and Directors thereon.MoreLess
20 for0 against- To declare a Dividend on Equity Shares for the Financial Year endedn March 31, 2024.20 for0 against
- To appoint a Director in place of Mr. Jan Cornelis van der Linden (DIN:08743047), who retires by rotation and being eligible, offers himself for re-appointment.20 for0 against
- Appointment of Mr. Jorn Elimar Kersten (DIN: 10643152) as a Director.20 for0 against
- Appointment of Mr. Jorn Elimar Kersten (DIN: 10643152), as a Whole-Time Director (Designated as Director and Chief Financial Officer) of the Company.20 for0 against
1 proposal not matched to one resolution
1.To receive, consider and adopt the audited Financial Statement of the Company (including audited consolidated Financial Statement) for the year ended March 31, 2024, together with the Reports of the Auditors and Directors thereon. 2. To declare a Dividend on Equity Shares for the Financial Year ended March 31, 2024. 3. To appoint a Director in place of Mr. Jan Cornelis vander Linden (DIN:08743047), who retires by rotation and being eligible, offers himself for re appointment. 4. Appointment of Mr.Jorn Elimar Kersten (DIN:10643152) as a Director. 5. Appointment of Mr. Jorn Elimar Kersten (DIN: 10643152), as a Whole-Time Director (Designated as Director and Chief Financial Officer) of the CompanyMoreLess
1 for0 against
Mutual fund votes, meeting of 15 Dec 2023, 23 fund houses
- Appointment of Mr. Vivek Gupta (DIN 10311134) as a Director23 for0 against
- Appointment of Mr. Vivek Gupta (DIN 10311134), as Managing Director and Chief Executive Officer of the Company23 for0 against
Mutual fund votes, meeting of 10 Aug 2023, 20 fund houses
To receive, consider and adopt the audited financial statements of the company (including audited consolidated financial statements) for the year ended March 31,2023, together with the reports of the Auditors and Directors thereon.MoreLess
20 for0 against- To declare a Dividend on Equity Shares for the financial year ended March 31, 2023.20 for0 against
- To appoint a Director in the place of Mr. Christiaan August Josef Van Steenbergen (DIN 07972769), who retires by rotation and being eligible, offers himself for re-appointment.20 for0 against
To appoint Mr. Subramaniam Somasundaram (DIN 01494407) as an Independent Director of the Company, with effect from June 04, 2023, for a term of five years i.e., up to June 03, 2028, and shall not be liable to retire by rotation.MoreLess
20 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines and tax disputes
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyUttar Pradesh ExciseSince 18 Aug 2026
Compounding order passed under Section 74 of the United Provinces Excise Act, 1910
Acceptance of an indent placed by the wholesaler in violation of FIFO - Fine or penaltyUttar Pradesh ExciseSince 7 Sep 2026
Compounding order passed under Section 74 of the United Provinces Excise Act, 1910
Acceptance of Indent despite non-availability of stock. We are contesting this penalty letter on the basis that the indent was accepted by the DEO, and afterwards the system does not give the Licensee the option to reject the indent, and keeping it pending is not allowed eitherMoreLess
- Fine or penaltyExcise Commissioner, Madhya PradeshSince 13 Aug 2026
Imposed a Penalty
Penalty on Non-clearance of Stocks from the Corporation within the stipulated time - Fine or penaltyExcise Commissioner, Madhya PradeshSince 14 Aug 2026
Imposed a Penalty
Penalty on Non-clearance of Stocks from the Corporation within the stipulated time - Fine or penaltyGoods and Services Tax Department, PunjabSince 25 Aug 2026
Imposed a Penalty
Non-submission of required documents during GST Audit for FY2022-23 - Fine or penaltyEmployees State Insurance Corporation, PunjabSince 31 Aug 2026
Imposed a Penalty
Imposed damages charges on the Company for the delay in depositing the ESIC contribution for the period April-Sept 2024 and April-June 2025 - Fine or penaltyMaharashtra Pollutions Control BoardSince 30 Jul 2026
Imposed a Penalty
Levied the penalty @12% on the late submission of Bank Guarantee - Fine or penaltyComissioner of CustomsSince 4 Sep 2026
Imposed a Penalty
Delay in filing of Bill of Entry
12 more
- Tax disputeJoint Commissioner of Income Tax, Special Range - 7, BangaloreSince 31 Mar 2016Matter subjudice. Pending for hearing.At the filing before: An appeal was filed by the Income Tax Department before the Karnataka High Court for the AY 2012-13 on capital gains on the sale of treasury shares.
- Tax disputeJoint Commissioner of Income Tax, Special Range - 7, BangaloreSince 30 Sep 2021Matter subjudice. Pending for hearing.At the filing before: Pending with Jurisdictional Assessing Officer at the Income-Tax Bangalore for the AY 2014-15 towards consequential interest on demand and other miscellaneous issues
- Tax disputeJoint Commissioner of Income Tax, Special Range - 7, BangaloreSince 30 Apr 2021Matter subjudice. Pending for hearing.At the filing before: Pending with Jurisdictional Assessing Officer at the Income-Tax Bangalore for the AY 2016-17 on the matter of Disallowance of Advertising Expenses & Capitalisation of Sponsorship Expenses
- Tax disputeJoint Commissioner of Income Tax, Special Range - 7, BangaloreSince 30 Apr 2021Matter subjudice. Pending for hearing.At the filing before: Pending with Jurisdictional Assessing Officer at the Income-Tax Bangalore for the AY 2016-17 towards consequential interest on demand and other miscellaneous issues
- Tax disputeJoint Commissioner of Income Tax, Special Range - 7, BangaloreSince 22 Apr 2021Matter subjudice. Pending for hearing.At the filing before: Pending with Jurisdictional Assessing Officer at the Income-Tax Bangalore for the AY 2017-18 on the matter of Disallowance of Advertising Expenses & Capitalisation of Sponsorship Expenses
- Tax disputeAssessment Unit, Income Tax DeparmentSince 24 Sep 2026Company is in pursuit of legal remedies against the order received.
At the filing before: The Income Tax Department has proceeded to levy penalty on the issues which are still pending for adjudication by the Commissioner of Income-tax (Appeals) including transfer pricing adjustment, disallowance of advertisement expenditure, brand related sponsorship.MoreLess
- Tax disputeThe Commercial Tax Department, Madhya PradeshSince 28 Jan 2025Matter subjudice. Pending for hearing.At the filing before: Appeal filed by Madhya Pradesh Commercial Tax Department with Supreme Court of India, for the FY 2009-10 to 2012-13, with respect to Mount Everest Breweries Limited CST demand on transfer of stock
- Tax disputeAdditional Commissioner of Central Tax, Audit II, Commissionerate BangaloreSince 29 Sep 2023Matter subjudice. Pending for hearing.At the filing before: Writ filed by the Company against the Show Cause Notice issued for the period July 2017 to March 2020, in the Karnataka High Court, Bangalore, regarding dispute on Cross Charge, Expat Salary etc.
- Tax disputeDeputy Commissioner Sales Tax, Belapur, RaigadSince 31 Mar 2025Matter subjudice. Pending for hearing.
At the filing before: FY 2019-20 & FY 2020-21, appeal filed with the First Appellate Authority for CST demand against Debit Note & Demand against Non-submission of Statutory Forms. FY 2018-19 Rs. 6.77 Cr. Favourable order received from Tribunal.MoreLess
- Tax disputeDeputy Commissioner state Tax ,Tax Payer Service Division , Pallakad -KeralaSince 3 Mar 2026Pending before Kerala High Court. Matter Subjudice.At the filing before: Sales Tax Deaprtment -Pallakad Issued Demand notice against Non Payment of TOT FY 2022-23, 2023-24 and 2024-25
- Tax disputeDeputy Commissioner Sales Tax, Belapur, RaigadSince 31 Mar 2026Appeal filled Before 1st appleateAt the filing before: FY 2021-22 , Demand against Non-Submission of Statutory Forms .
- Tax disputeCommissioner of CGST & Central Excise RaigadSince 11 Mar 202690 days for filing appeal before Commissioner (appeals)At the filing before: Demand of GST on sale of leashold land and Classification issue in relation to Heineken 0.0
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.