United Breweries Board Approves Re-appointment of B S R & Co. LLP as Statutory Auditors for Five-Year Term

2 min read     Updated on 07 May 2026, 09:07 AM
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United Breweries' Board of Directors, at its meeting on May 05, 2026, approved the re-appointment of Messrs. B S R & Co. LLP (Firm Reg. No. 101248W/W-100022) as Statutory Auditors for a five-year term from the 27th AGM (2026) to the 32nd AGM (2031), subject to shareholder approval. The decision was based on the Audit Committee's recommendation and complies with SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. B S R & Co. LLP, constituted in 1990 and converted to an LLP in 2013, operates across 14 cities in India with over 4000 staff and 140+ Partners.

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The Board of Directors of United Breweries , at its meeting held on Tuesday, May 05, 2026, approved the re-appointment of Messrs. B S R & Co. LLP, Chartered Accountants, as the Statutory Auditors of the company. The decision was taken based on the recommendation of the Audit Committee and is in compliance with Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting commenced at 12.15 p.m. (IST) and concluded at 06.45 p.m. (IST).

Re-appointment Details

The re-appointment covers a term of five consecutive years, commencing from the conclusion of the 27th Annual General Meeting ('AGM') to be held in the year 2026 and extending till the conclusion of the 32nd AGM to be held in the year 2031. The re-appointment remains subject to approval by the members of the company at the ensuing 27th AGM. The key details of the re-appointment, as disclosed pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are summarised below.

Parameter: Details
Name of Auditors: Messrs. B S R & Co. LLP, Chartered Accountants
Firm Registration Number: 101248W/W-100022
Nature of Change: Re-appointment
Term: 5 (five) consecutive years
Effective From: Conclusion of 27th AGM (2026)
Effective Till: Conclusion of 32nd AGM (2031)
Subject To: Approval of members at the ensuing 27th AGM

Profile of B S R & Co. LLP

B S R & Co. was originally constituted on 27 March 1990 as a partnership firm with firm registration number 101248W. It was subsequently converted into a Limited Liability Partnership on 14 October 2013, adopting the name B S R & Co. LLP with a revised firm registration number of 101248W/W-100022. The registered office of the firm is located at 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Centre, Western Express Highway, Goregaon (East), Mumbai – 400063.

B S R & Co. LLP is a member entity of B S R & Affiliates, a network registered with the Institute of Chartered Accountants of India. The firm maintains a significant operational presence across India, with offices in the following cities:

  • Mumbai, Gurgaon, Bangalore, Kolkata, Hyderabad
  • Pune, Chennai, Chandigarh, Ahmedabad, Vadodara
  • Noida, Jaipur, Gandhinagar, and Kochi

The firm employs over 4000 staff and has 140+ Partners. B S R & Co. LLP audits various companies listed on stock exchanges in India, including companies operating in the consumer markets sector.

Regulatory Disclosure

The intimation was filed in continuation of the company's earlier communication dated April 06, 2026. The disclosure was made by Nikhil Malpani, Company Secretary & Compliance Officer of United Breweries, and the aforesaid information is also available on the company's website at www.unitedbreweries.com .

Historical Stock Returns for United Breweries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.59%-2.66%-3.22%-20.44%-34.93%+16.81%

How might the continuity of B S R & Co. LLP as statutory auditors through 2031 influence investor confidence in United Breweries' financial governance amid increasing regulatory scrutiny of the Indian alcohol industry?

Will the shareholder vote at the 27th AGM in 2026 face any opposition given the broader trend of institutional investors pushing for auditor rotation to enhance independence?

How could United Breweries' auditor stability compare to peers like AB InBev India or Carlsberg India in terms of audit quality and corporate governance rankings over the next five years?

United Breweries Appoints Ms. Parul Malhotra as Chief Human Resources Officer Effective July 01, 2026

2 min read     Updated on 06 May 2026, 02:39 AM
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United Breweries Limited has appointed Ms. Parul Malhotra as Chief Human Resources Officer (Director - People), effective July 01, 2026, as approved by its Board of Directors on May 05, 2026. Ms. Malhotra brings over two decades of HR experience across APAC and Emerging Markets, including 18 years at adidas in progressively senior regional roles spanning India, Thailand, and Southeast Asia. The appointment was made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, and disclosed in continuation of an earlier intimation dated April 06, 2026.

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United Breweries Limited has announced the appointment of Ms. Parul Malhotra as its Chief Human Resources Officer, designated as Director - People, with effect from July 01, 2026. The decision was approved by the Board of Directors at its meeting held on Tuesday, May 05, 2026, based on the recommendation of the Nomination and Remuneration Committee. The disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Appointment Details

The following table summarises the key details of Ms. Parul Malhotra's appointment as disclosed by the company:

Parameter: Details
Name: Ms. Parul Malhotra
Designation: Director - People (Chief Human Resources Officer)
Nature of Change: Appointment
Effective Date: July 01, 2026
Approving Authority: Board of Directors, on recommendation of Nomination and Remuneration Committee
Date of Board Approval: May 05, 2026

Profile of Ms. Parul Malhotra

Ms. Parul Malhotra is a seasoned HR leader with over two decades of experience across APAC and Emerging Markets, having held country and regional HR leadership roles throughout her career. She spent 18 years at adidas, where her career evolved progressively across multiple geographies. Her roles at adidas included leading HR for India, followed by Thailand, and most recently heading the Southeast Asia region — covering Singapore, Vietnam, Indonesia, Malaysia, Thailand, and the Philippines — as part of Emerging Markets.

Her professional expertise spans several key areas of human resources and organisational development:

  • Building high-performing teams
  • Leading change and transformation initiatives
  • Developing talent across diverse markets
  • Implementing strong and intuitive HR practices
  • Fostering "One Team" organisation culture in hyper-growth and dynamic business environments

Ms. Malhotra has been recognised for balancing organisation and people priorities with sensitivity and practicality to drive performance outcomes. She is known for championing a leadership philosophy centred on uniting People, Purpose, and Passion, and leading with the power of "WE" over "ME" in building winning teams.

Regulatory Disclosure

The intimation was filed in continuation of the company's earlier disclosure dated April 06, 2026, and is in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The Board meeting commenced at 12.15 p.m. (IST) and concluded at 06.45 p.m. (IST) on May 05, 2026. The disclosure was signed by Nikhil Malpani, Company Secretary & Compliance Officer of United Breweries Limited.

Historical Stock Returns for United Breweries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.59%-2.66%-3.22%-20.44%-34.93%+16.81%

How might Ms. Malhotra's extensive APAC and Emerging Markets experience influence United Breweries' talent strategy as the company looks to expand its regional footprint?

Could the appointment of a CHRO with a strong consumer goods background from adidas signal a shift in United Breweries' organizational culture or workforce transformation priorities?

What HR challenges specific to India's competitive beer and spirits market is Ms. Malhotra likely to prioritize in her first year as Director - People?

More News on United Breweries

1 Year Returns:-34.93%