United Breweries Limited has issued a formal notice to shareholders regarding the proposed transfer of unclaimed dividend and equity shares to the Investor Education and Protection Fund (IEPF) for the financial year ended March 31, 2019. The transfer is scheduled to take place on September 20, 2026, in accordance with Section 124(6) of the Companies Act, 2013 and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 as amended.

Under the applicable provisions, all shares in respect of which dividend has not been claimed for seven consecutive years or more by any shareholder shall be transferred by the company to the IEPF. The unclaimed dividends have been transferred from time to time in accordance with the Companies Act, 2013 to the IEPF. The next due date for such transfer is September 20, 2026, regarding the final dividend paid for the financial year ended March 31, 2019. The unclaimed dividend and shares shall be credited to the IEPF within 30 days of becoming due for transfer.

Key Deadlines and Requirements

The company has already sent individual intimations to each shareholder whose shares are liable to be transferred to the IEPF, requesting them to take necessary action on or before August 31, 2026. The full details of affected shareholders, including their name, folio number or DP ID-Client ID, and the number of shares due for transfer, are available on the company's website at the specified section for unclaimed shares for the period 2018-2019.

Shareholder Action Required

Shareholders are requested to verify the details of their shares due to be transferred to the IEPF Authority. Notice is given to all such shareholders to forward the requisite documents as mentioned in the intimation to the Registrar and Transfer Agent on or before August 31, 2026, with a request for claiming the unclaimed dividend declared for the financial year ended March 31, 2019, to prevent the transfer of shares to the IEPF.

In the event that no communication is received from shareholders, the company will transfer the shares to the DEMAT Account of the IEPF Authority in terms of the rules. Shareholders holding shares in physical form whose shares are liable to be transferred should note that the company will issue a Letter of Confirmation against shares held by them for the transfer to the IEPF Authority DEMAT Account. Upon such issue, the original share certificates registered in their name will stand automatically cancelled and be deemed non-negotiable.

Claim Process and Contact Information

Shareholders can claim back the shares transferred to the IEPF Authority as well as unclaimed dividends and corporate benefits accruing on such shares, if any, by following the process prescribed in the rules. No claim shall lie against the company concerning the unclaimed dividends and shares transferred to the IEPF under the rules.

For queries regarding the subject matter and the rules, shareholders may contact the company's Registrar and Transfer Agent, Integrated Registry Management Services Private Limited, at No.30, Ramana Residency, 4th Cross, Sampige Road, Malleswaram, Bengaluru – 560003. The contact details are telephone numbers 080-23460815-818 and email bglista@integratedindia.in . The notice was signed by Nikhil Malpani, Company Secretary & Compliance Officer, on April 24, 2026, at Bengaluru.

United Breweries Limited has received significant relief in its tax litigation case with Bihar state tax authorities, with the penalty amount substantially reduced following a successful appeal.

Tax Litigation Outcome

The company received a favourable order from the Assistant Commissioner of State Tax, Pataliputra Circle, Bihar on April 24, 2026. The GST Commissioner (Appeals) granted substantial relief to the company based on legal submissions made during the appeal process.

Background of the Case

The litigation originated from a demand order issued on February 27, 2025, under Section 73 of the BGST Act, 2017. The original order confirmed a demand for tax along with a penalty of ₹29,00,048. United Breweries subsequently filed an appeal before the Commissioner (Appeals) challenging this assessment.

Company's Response and Next Steps

Following the Commissioner's decision, United Breweries has indicated its intention to pursue further legal remedies. The company stated it will file an appeal before the GST Appellate Tribunal (GSTAT) against the residual demand that remains after the reduction.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the company's earlier disclosure filed on March 01, 2025, regarding the original tax litigation matter.

Financial Impact

The current expected financial implication stands at ₹1,85,878 as penalty, representing a significant reduction from the original assessment. The company has provided detailed information about the litigation status as required under SEBI regulations for listed entities.