United Breweries Limited Announces Resignation of Chief Human Resources Officer Kavita Singh

1 min read     Updated on 02 Apr 2026, 02:01 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

United Breweries Limited announced the resignation of Chief Human Resources Officer Ms. Kavita Singh, effective April 30, 2026. Singh, who served as Director - People, completed five years with the company and cited pursuit of external opportunities as the reason for her departure. The company acknowledged her valuable contributions and wished her success in future endeavours.

powered bylight_fuzz_icon
36664302

*this image is generated using AI for illustrative purposes only.

United Breweries Limited has announced the resignation of its Chief Human Resources Officer, Ms. Kavita Singh, who also serves as Director - People. The resignation was communicated to stock exchanges on April 02, 2026, in compliance with regulatory requirements under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

Ms. Singh's resignation will become effective from the close of business hours on April 30, 2026. In her resignation letter dated April 2, 2026, she expressed her intention to pursue her career journey outside United Breweries Limited.

Parameter Details
Position Chief Human Resources Officer (CHRO)
Designation Director - People
Effective Date April 30, 2026
Tenure at Company Five years
Reason To pursue opportunities outside UB

Company Acknowledgment

United Breweries Limited has placed on record its appreciation for Singh's valuable contributions during her tenure with the organization. The company has wished her success in her future endeavours as she transitions to new opportunities.

Regulatory Compliance

The resignation announcement was made in accordance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company provided requisite details as required under SEBI Master Circular and related circulars issued in 2025 and 2026. Complete information regarding the resignation has been made available on the company's official website at www.unitedbreweries.com .

Leadership Transition

In her resignation communication, Singh acknowledged her positive experience working at United Breweries for five years, particularly highlighting the last three years under current leadership guidance. She expressed gratitude for the learning opportunities and indicated her intention to maintain professional connections with the organization.

Historical Stock Returns for United Breweries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.89%-2.08%-15.53%-17.36%-27.35%+31.32%

Who will United Breweries appoint as the new CHRO and what strategic HR changes might they implement?

Could this senior leadership departure signal broader organizational restructuring at United Breweries?

How might the CHRO transition impact United Breweries' talent retention and recruitment strategies in the competitive beverage industry?

United Breweries Receives ₹22.50 Crore Tax Demand from Maharashtra VAT Department for FY 2021-22

1 min read     Updated on 02 Apr 2026, 01:25 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

United Breweries Limited disclosed receiving a ₹22.50 crore tax demand from Maharashtra VAT Department for FY 2021-22, comprising additional tax of ₹9.66 crores, interest of ₹10.43 crores, and penalty of ₹2.41 crores. The demand relates to non-submission of declaration forms for concessional tax rates under Central Sales Tax Act 1956. The company plans to appeal and expects minimal financial impact beyond statutory pre-deposit requirements.

powered bylight_fuzz_icon
36662141

*this image is generated using AI for illustrative purposes only.

United Breweries Limited has received a significant tax demand order from the Maharashtra State VAT Department totaling ₹22.50 crores for the financial year 2021-22. The company disclosed this development in a regulatory filing dated April 02, 2026, in compliance with SEBI listing regulations.

Tax Demand Details

The order, dated March 30, 2026 and received on April 01, 2026, was issued by the Deputy Commissioner of State Tax under Section 9(2) of the Central Sales Tax Act 1956. The demand relates to the non-submission of declaration forms in C & F for concessional rate of tax.

Component: Amount (₹)
Additional Tax: 9,65,72,053
Interest: 10,42,97,818
Penalty: 2,41,43,013
Total Demand: 22,50,12,884

Company's Response and Legal Strategy

United Breweries Limited has indicated that it is currently evaluating the appropriate course of action regarding the demand issued by the Maharashtra VAT authorities. The company expressed confidence in its position, stating that it believes it has a strong case to defend the issue before the relevant appellate authority.

Expected Financial Impact

The company has assessed that it does not expect any significant financial impact from this tax litigation, except for a minimal statutory pre-deposit that will be required at the time of admission of the appeal. This suggests that United Breweries Limited is confident about successfully challenging the tax demand through the appellate process.

Regulatory Compliance

The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically relating to tax litigation matters. The filing was signed by Nikhil Malpani, Company Secretary & Compliance Officer, ensuring proper corporate governance protocols were followed in communicating this material development to stakeholders.

Historical Stock Returns for United Breweries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.89%-2.08%-15.53%-17.36%-27.35%+31.32%

How might this tax dispute affect United Breweries' expansion plans in Maharashtra and other states with similar VAT regulations?

Could this case set a precedent for other alcohol manufacturers facing similar C&F declaration form compliance issues across India?

What impact will the required statutory pre-deposit have on United Breweries' cash flow and working capital in the coming quarters?

More News on United Breweries

1 Year Returns:-27.35%