United Breweries Ltd Receives ₹116 Cr Demand Notice from Patiala Market Committee

United Breweries Ltd has received a demand notice from the Assessing Authority-cum-Secretary, Market Committee, Patiala, for a total of ₹116,25,28,199. The notice pertains to alleged non-payment of Market Fee, Penalty, Rural Development Fund (RDF), and interest on RDF for the period April 01, 2020, to March 31, 2026. The company is accused of failing to deposit applicable fees on barley purchased, stored, and processed within the Patiala Market Committee's notified area. United Breweries Ltd considers the assessment arbitrary and factually incorrect and plans to challenge the order and notice before the appropriate forum. The company expects the financial impact to be limited to the demanded amount.