United Spirits Limited has submitted a regulatory disclosure to BSE Limited and The National Stock Exchange of India Limited regarding the closure of factory operations at its manufacturing unit located at 9-61, Venkateshwara Nagara, Malkajgiri, Hyderabad – 560 047, India (referred to as "the Unit").
This disclosure is in continuation of an earlier intimation dated 4th June 2026 regarding the proposed closure of the Unit.
Key Details of Closure:
- Effective Date of Closure: 8th July 2026
- Reason for Closure: The Company received approval from the Office of Commissioner, Prohibition and Excise, Telangana, Hyderabad to transfer its excise license of the Unit to another party. This approval was received by the Officer of the Company at approximately 13:10 hrs IST on 8th July 2026.
- Consequence: Consequently, the Company will cease operating at the Unit.
Historical Context and Financial Impact:
The closure is part of a multi-year Supply Chain Agility Program that was approved by the Board on 24th January 2023. This program was previously disclosed through a press release, included in the notes to financial statements for the quarter ended 31st December 2022, and communicated to the stock exchanges.
According to the earlier intimation dated 4th June 2026:
- During the financial year 2025-26, the Unit contributed approximately 2% (~INR 599 crore) to the company's revenue from operations.
- The estimated date of closure was previously communicated as 31st August 2026.
The actual closure on 8th July 2026 therefore occurs earlier than previously estimated.
Additional Information:
- No binding agreement for sale of the unit/division has been entered into (as indicated by "Not applicable" in the disclosure format).
- The delay in the original disclosure on 4th June 2026 was attributed to the time needed for verification of facts and information with multiple internal stakeholders.