United Breweries Limited — Board Meeting, 13-02-2025: Outcome of Board Meeting

The Board of Directors has announced a board meeting, during which they approved an investment of INR 750 crore in a greenfield brewery in Uttar Pradesh. This facility aims to produce both mainstream and premium products, including Heineken®, with a proposed capacity addition of 1.0 – 2.0 million hectoliters expected by Q4 2026-27. This strategic move is designed to capitalize on the 20% growth in the beer category within the region, aligning with the company's expansion strategy in a key market.