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    532478   INE686F01025

UNITED BREWERIES LIMITED

(532478)
  Report
End-of-day quote. End-of-day quote Bombay Stock Exchange - 12/06
1498.6 INR   -0.86%
11/11Schedule Investor Conference - November 2021
PU
11/03Form SH-14_Cancellation Variation of Nomination
PU
11/03Form ISR-3
PU
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United Breweries : Stock Exchange Letter Notice 2021

07/26/2021 EST

July 26, 2021

1. Department of Corporate Services

2. National Stock Exchange of India Limited

BSE Limited,

Exchange Plaza,

Floor 25, P J Towers,

Bandra Kurla Complex

Dalal Street,

Bandra (East),

Mumbai - 400 001,

Mumbai - 400 051,

Scrip: 532478

Scrip: UBL

Dear Sir,

Sub: Notice of Annual General Meeting (AGM) dated July 29, 2021

After circulation of the Notice of AGM dated July 04, 2021, we have noticed that it would be in compliance and good governance, that certain clarifications required in certain Items of Resolutions are provided.

With respect to Resolution Nos. 4 and 5, it is mentioned that Mr. Berend Cornelis Roelof Odink as Director and Chief Financial Officer, shall not be liable to retire by rotation.

Item No. 4 of the Notice

To comply with the minimum number of Directors liable to retire by rotation in terms of the provisions of Section 152 (6) of the Companies Act, 2013, the Resolution set out in the Notice is proposed to be amended to reflect that Mr. Berend Odink will be liable to retire by Rotation. The Resolution and Explanatory Statement shall stand amended to that extent and should be read along with such Amendment.

Item No. 5 of the Notice

The Resolution set out in the Notice is proposed to be amended to reflect that Mr. Berend Odink will be liable to retire by Rotation. The Resolution and Explanatory Statement shall stand amended to that extent and should be read along with such Amendment.

For good governance, clarity, and better understanding, para no.13 in Item no. 5 mentioned in this Resolution is being amended as under:

"As per agreed remuneration package, the current gross remuneration payable to Mr. Berend shall not exceed a sum of Rs.5.15 Crores per annum which includes incentives payments and pension cost on annual basis. He shall also be entitled to periodic increments and such other allowances, perquisites, amenities, facilities, and benefits as per the Rules of the Company as applicable to senior executives and as may be permitted and approved by the Board of Directors to be paid to the expatriate Director & Chief Financial Officer. All allowances, perquisites etc. shall be valued as per Income Tax Rules, 1962 as amended from time to time".

The Notice of AGM shall be read accordingly.

Also note that this information is being circulated to all the shareholders by e-mail.

Thanking you, we remain,

Yours faithfully,

For UNITED BREWERIES LIMITED

GOVIND IYENGAR

Senior Vice President - Legal & Company Secretary

Registered & Corporate Office: UB Tower, UB City, #24 Vittal Mallya Road, Bengaluru - 560001, INDIA

Tel: (91-80) 45655000, Fax: (91-80) 22211964, 22229488, Email: ublinvestor@ubmail.comCorporate Identity Number: L36999KA1999PLC025195, Web Site: www.unitedbreweries.com

Disclaimer

United Breweries Limited published this content on 26 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2021 08:56:06 UTC.


ę Publicnow 2021
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Financials
Sales 2022 57 262 M 760 M 760 M
Net income 2022 4 389 M 58,2 M 58,2 M
Net cash 2022 7 848 M 104 M 104 M
P/E ratio 2022 90,4x
Yield 2022 0,22%
Capitalization 396 B 5 257 M 5 256 M
EV / Sales 2022 6,78x
EV / Sales 2023 5,13x
Nbr of Employees 3 070
Free-Float 23,9%
Chart UNITED BREWERIES LIMITED
Duration : Period :
United Breweries Limited Technical Analysis Chart | 532478 | INE686F01025 | MarketScreener
Technical analysis trends UNITED BREWERIES LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 1 498,60 INR
Average target price 1 722,33 INR
Spread / Average Target 14,9%
EPS Revisions
Managers and Directors
Rishi Pardal Chief Executive Officer, MD & Executive Director
Berend Cornelis Odink Chief Financial Officer & Director
Kapil Pal Head-Information Technology
Rohtash Kumar Jindal Senior Vice President-Operations & Malting
C. Gouri Shankar Senior Vice President-Operations
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