United Breweries Limited has received a declaration from Scottish & Newcastle India Limited under Regulation 31(4) of the SEBI Takeover Regulations, confirming no fresh encumbrance on UBL shares during the financial year ended March 31, 2026.
Scottish & Newcastle India Limited, a promoter entity of United Breweries Limited, submitted the disclosure to BSE and NSE on June 22, 2026. The filing was also addressed to the audit committee of United Breweries Limited at UB Tower, Bangalore.
The declaration states that Scottish & Newcastle India Limited and persons acting in concert have not created any encumbrance directly or indirectly on the shares of United Breweries Limited during the financial year ended March 31, 2026, other than those already disclosed to the stock exchanges.
Encumbrance on shares includes pledges, liens, or any form of charge. Regulation 31(4) of the SEBI Takeover Regulations mandates that any person who has made disclosures under the takeover code must submit a declaration at the end of each financial year confirming the status of encumbrances on shares held by them. This filing fulfils that compliance requirement.
Scottish & Newcastle India Limited is registered at 45 Mortimer Street, London, and is a promoter group entity of United Breweries Limited. The declaration covers shares held directly by Scottish & Newcastle India Limited as well as shares held by persons acting in concert with it.
UBL shares are listed on both BSE and NSE. The exchange filing was made available by Scottish & Newcastle India Limited on June 22, 2026.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.