United Spirits Limited — Others, 30-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
30-04-2025 | 10:01 am
30-04-2025 | 10:01 am
United Spirits Limited has filed an appeal with the High Court of Karnataka against a judgment that upheld an arbitral tribunal's ruling, which rejected its claim concerning a consolidated loan of INR 1,337 Crore at an interest rate of 9.5% per annum. The opposing party in this matter is the Official Liquidator of M/s. United Breweries (Holdings) Limited. The company anticipates no financial implications from this judgment, as it is the claimant. The appeal process is currently underway, with the company committed to pursuing the matter further.
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