United Foodbrands Limited will engage with analysts and investors through a series of meetings, including a newly scheduled session with Avener Capital on June 17, 2026. The meeting will be held virtually to discuss the company's performance and strategic outlook without sharing any Unpublished Price Sensitive Information (UPSI).

Meeting Schedule

The meetings are being conducted pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The schedule is subject to changes based on exigencies on the part of the analysts, investors, or the company. The details will be available on the company’s website.

United Foodbrands Limited has secured a significant financial relief after the Deputy Commissioner of Income Tax, Bengaluru, reduced a tax demand of ₹8.63 crores to nil for Assessment Year 2023-24. The Rectification Order, issued on June 16, 2026, under Section 154 of the Income Tax Act, 1961, nullifies the previous demand and interest liabilities. This decision follows the company's application for rectification of the Assessment Order and Notice of Demand issued under Section 143(3) and Section 156 respectively.

The communication confirms that the company is no longer liable to pay the tax or interest previously demanded. While the primary demand has been quashed, the company disclosed that it is in the process of filing an appeal against a separate addition to income amounting to ₹2.78 crores. This addition pertains to a transfer pricing adjustment made by the Assessing Officer under Section 92CA(3) of the Income Tax Act, 1961.

No penalties or restrictions have been imposed on the entity alongside this order. The regulatory filing explicitly stated that there are no aberrations or non-compliances identified by the authority beyond the rectified demand. The expected financial implication of the Rectification Order on the company is nil, as the liability has been completely wiped out.

Details of the Communication

The disclosure provided a structured overview of the regulatory interaction:

Next Steps

Despite the favorable outcome on the demand, United Foodbrands is proceeding with an appeal regarding the transfer pricing adjustment. The addition of ₹2.78 crores remains contested, and the company is taking necessary steps to address this specific component of the assessment.