Business Update9 Oct 2025, 11:46 am
United Spirits Ltd. to Pay INR 5.81 Crore as Regularization Fee for Construction on Own Land
AI Summary
United Spirits Ltd. has received an advisory letter from the Office of Sub-Divisional Officer, Dindori, Nashik, requiring the Company to pay a regularization fee of INR 5.81 crore for the construction on its own land located at the manufacturing facility in Nashik. The Company initiated the regularization in December 2022 in accordance with the Maharashtra Land Revenue Code, 1966, and Maharashtra Regional and Town Planning Act, 1966. The payment of the regularization amount does not have any significant financial impact on the operations of the Company.
Key Highlights
- United Spirits Ltd. to pay INR 5.81 crore as regularization fee for construction on its own land.
- The Company initiated the regularization in December 2022 under the Maharashtra Land Revenue Code, 1966, and Maharashtra Regional and Town Planning Act, 1966.
- The Office of Sub-Divisional Officer, Dindori, Nashik has issued an advisory letter for the regularization.
- The regularization fee has been duly paid on 8th October 2025.
- The payment of the regularization amount does not have a significant financial impact on the operations of the Company.