Kingfisher beer maker UB suspends supply to Telangana

Kingfisher beer maker UB suspends supply to Telangana; association alleges state pays 90% less than other states
Despite two years of efforts to address the issue, there has been no increase in the base prices of their products, leading to escalating losses that have rendered their operations in Telangana unviable.
Kingfisher and Heineken beer will no longer be available in Telangana as UB suspends beer supplies with immediate effect
United Breweries Limited (UBL) announced on Wednesday (January 8, 2024) that it has decided to halt beer supplies to the Telangana Beverages Corporation Limited (TGBCL) with immediate effect. The image is used for representative purposes only. | Photo Credit: Getty Images
No more Kingfisher beer for Telangana? United Breweries' announcement sends stock into tailspin
Shares of the company went into a tailspin after it announced the suspension of its beer in the state. United Breweries’ stock tanked over 7 per cent to hit an intraday low of Rs 1920 apiece on BSE. The Rs 52,
Kingfisher beer off shelves in Telangana as beer maker United Breweries halts supply
Kingfisher beer will not be avaialble in Telangana now, as the beer maker United Breweries has suspended supply to the Telangana Beverages Corporation Ltd
Kingfisher Beer Stops Supply to Telangana Amid Ongoing Losses
United Breweries halts the supply of Kingfisher beers to Telangana due to significant operating losses. Despite efforts to increase prices, TGBCL’s failure to raise payments and delayed payments
Heineken-Controlled United Breweries Suspends Beer Supply To Telangana Over Operating Losses
United Breweries, the maker of popular beer brands such as Heineken and Kingfisher, announced on Wednesday that it has halted the supply of its beer to the Telangana Beverages Corporation Limited (TGBCL),
United Breweries stock falls over 7% amid beer supply suspension in Telangana
United Breweries Ltd's shares fell over 7% after suspending beer supplies to TGBCL due to financial concerns and unpaid dues. The stock is currently trading 13% below its 52-week high, despite a 23% increase in net profit for Q2 FY25.
United Breweries Halts Kingfisher Beer Supply to Telangana
United Breweries, the manufacturer of Kingfisher beer, has announced a decision to halt the supply of its products to Telangana
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