United Breweries Ltd to close brewery unit at Mangalore

United Breweries Ltd has decided to close its brewery unit situated at Plot No. 310, 311, 322E Industrial Area, Baikampady, Mangalore - 575011, Karnataka, ('Mangalore Brewery'/ 'Unit') effective June 30, 2025.

We have initiated a strategic capacity consolidation and are pursuing expansion at our Nanjangud Brewery in Mysuru where we are making significant investments to scale our supply chain efficiencies. This expansion will play a pivotal role in meeting the future demand efficiently and sustainably through enhanced operations within the State of Karnataka. The closure of the Mangalore Brewery will not impact our business performance in the State.

We reaffirm our deep and enduring commitment to the State, its communities, and our consumers. We are also committed to taking all necessary and responsible steps to support our employees and workmen through this transition.

The said closure is pursuant to intimation(s) made to the Excise department of Karnataka dated June 02, 2025.

Shares of United Breweries Limited was last trading in BSE at Rs. 2013.15 as compared to the previous close of Rs. 1978.80. The total number of shares traded during the day was 4652 in over 502 trades.

The stock hit an intraday high of Rs. 2015.90 and intraday low of 1968.15. The net turnover during the day was Rs. 9333900.00.

Source : Equity Bulls

Keywords

UnitedBreweries INE686F01025 UBL BreweryUnit Mangalore Closure