United Breweries Limited has received a direction from the Rajasthan State Pollution Control Board requiring the company to deposit ₹36.49 lakh as environmental compensation. The disclosure was made on March 06, 2026, in compliance with SEBI Listing Regulations, following receipt of the direction on March 05, 2026.

Environmental Compensation Details

The Rajasthan State Pollution Control Board has directed the company's brewery at Sahjahanpur, Rajasthan, to deposit the compensation amount based on the Polluter Pays Principle. The payment is to be made at the Regional office of the RSPCB at Kotputli-Behr.

Alleged Violations

The environmental compensation direction stems from alleged violations at the company's Sahjahanpur brewery facility. The Rajasthan State Pollution Control Board has alleged that the brewery violated provisions of both the Water Act and the Air Act, though specific details of the violations were not disclosed in the company's filing.

Financial and Operational Impact

United Breweries Limited has assessed the potential impact of this regulatory direction on its operations and financial position. The company expects that any financial impact will be limited to the compensation amount specified in the direction.

The company has stated it does not anticipate any material impact on its operations or other activities beyond the compensation payment. United Breweries is currently reviewing the notice and has reiterated its commitment to maintaining the highest environmental standards at its facilities.

Regulatory Compliance

The disclosure was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, in accordance with recent SEBI circulars dated January 30, 2026, and February 25, 2025. The company's proactive disclosure demonstrates adherence to regulatory transparency requirements for material events affecting listed entities.

United Breweries Limited has announced a significant development in its ongoing tax litigation with the Income Tax Department, with the company receiving a fresh assessment order that substantially reduces its tax liability. The brewing company disclosed this outcome under Regulation 30 of SEBI Listing Regulations on February 13, 2026.

Major Reduction in Tax Demand

The National Faceless Assessment Centre (NFAC) has issued a revised assessment order that brings considerable relief to United Breweries Limited. The tax demand has been dramatically reduced from the original amount, marking a positive development in the company's tax proceedings.

Background of the Tax Dispute

The litigation stems from the UBL Gratuity Trust's return for Assessment Year 2022-23, which was selected for scrutiny assessment by the NFAC. The tax authority had initially alleged a substantial increase in capital contribution, leading to comprehensive examination of the trust's financial affairs.

In the original assessment, the NFAC had:

• Disregarded all explanations provided by the Trust
• Disallowed the entire capital contribution and exemptions
• Assessed the total income of the Trust at ₹108.74 crore
• Issued a demand notice for ₹102.44 crore on March 20, 2024

Court Intervention and Fresh Assessment

Aggrieved by the original assessment order, the UBL Gratuity Trust approached the Karnataka High Court through a writ petition. The High Court examined the matter and remanded it back to the NFAC for fresh consideration, directing the tax authority to relook into all submissions made by the Trust.

Following the High Court's directions, the NFAC conducted a comprehensive review of the case. In the fresh assessment order received on February 12, 2026, the tax authority granted significant relief regarding the disallowance of capital contribution. However, the disallowance of exemption worth ₹6.25 crore was sustained.

Current Status and Next Steps

Despite the substantial reduction in tax demand, United Breweries Limited maintains that it has strong arguments to defend against the remaining liability. The company has indicated that the Trust will file an appeal before the Commissioner of Income Tax (Appeals) to contest the sustained disallowance of ₹6.25 crore exemption.

This development represents a significant positive outcome for United Breweries Limited, with the company achieving a substantial reduction in its contingent tax liability while maintaining its position to challenge the remaining demand through appropriate legal channels.