Business Update18 May 2026, 11:50 am
United Breweries to Close Ludhiana Brewery by June 30, 2026
AI Summary
United Breweries Ltd has decided to close its Ludhiana brewery unit effective June 30, 2026. The company has entered a long-term capacity lease agreement with a contract brewing unit to secure beer supplies in Punjab and neighboring states, including Delhi. This lease aims to efficiently meet future demand. The closure will not impact the company's business performance in the state, and the company is committed to supporting its employees during the transition.
Key Highlights
- United Breweries will close its Ludhiana brewery unit by June 30, 2026.
- A long-term capacity lease agreement secures beer supply in Punjab and nearby states.
- The closure is not expected to impact business performance in Punjab.
- The company will support employees through the transition.
- The closure was intimated to the Excise department of Punjab on May 18, 2026.
Price Impact
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