United Breweries Limited — Others, 01-03-2025: Action(s) initiated or orders passed

United Breweries Limited has announced a board meeting to discuss a Demand Order received from the State Tax Commissioner’s office in Bihar. The GST authorities allege the company claimed excess input tax credit, resulting in a penalty of ₹2.9 crore. The order, dated February 27, 2025, has no significant impact on the company's financial health or operations, as it is deemed appealable. Investors may view this as a neutral impact, with an opportunity for the company to contest the claim and potentially mitigate risks associated with the penalty.