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UBL BOARD
UBL appoints Vivek Gupta as its new MDUnited Breweries Limited (UBL) has appointed Vivek Gupta as its new managing director and CEO. Gupta, who previously served as the chief bu...- United Breweries appoints Vivek Gupta as MD & CEOUnited Breweries, controlled by HEINEKEN, has appointed Vivek Gupta as its Managing Director and Chief Executive Officer, the company said ...
- United Breweries witnesses high-single-digit volume growth in Jan-Mar quarter"In India, beer volume grew by a high-single-digit, outperforming the market. UBL experienced progressive growth during the quarter with th...
- Vijay Mallya’s last nominee on UBL board to step downMajority shareholder Heineken has named Berend Odink as director and the chief financial officer of United Breweries to replace Nedungadi, ...
- Heineken seeks change in UB’s AoA to oust Mallya and name chairmanThis follows Heineken’s acquisition of the fugitive economic offender’s shares from the Debt Recovery Tribunal that had increased its share...
- United Breweries Q4 net profit falls 25.26% to Rs 67.92 croreUnited Breweries' total income during the quarter under review was up 5.84 per cent to Rs 3,469.3 crore.
- Heineken seeks legal opinion on United Breweries chairmanshipHeineken and some of its advisers believe that the shareholder agreement between Mallya and the beer giant has become null and void after I...
- Sebi to take final call on Mallya chairing UBL BoardMallya — who the Indian government has been trying to extradite from Britain over charges of fraud for the past few years — has been reluct...
- Vijay Mallya to step down from United Breweries board, name successorIt could be a challenge for Mallya to pick a successor, even though he has a number of loyal executive, since the person could come under s...
- Stopped sharing company information with Vijay Mallya since February: UBLUBL on February 6 had decided not to send notices and agenda related to board meetings and other "privileged information" to Mallya till th...
- Heineken shareholder agreement at odds with regulatory order against Vijay MallyaUntil Mallya gets a stay on the Sebi order, the board will have to be chaired by someone else. UBL has nominated CY Pal as the acting chair...
- UBL withholds Rs 1.64 crore payment to Vijay MallyaThe board of directors UBL had proposed a dividend of Rs 1.15 per equity share of Re 1 for the year ended March 31, 2016.
- United Breweries board seeks legal view on Sebi’s ‘wilful defaulter’ rulesVijay Mallya, currently chairman of UBL, has also legally challenged the application of the new rules and its implication to his board posi...
- Steven Bscho to be new UBL CFO, van Zon to return to HeinekenHeineken had indirectly acquired a 37.5 per cent stake in UBL following its worldwide takeover of Scottish & Newcastle (S&N) in January, 20...
- Vijay Mallya ready to return to India if safety, freedom assured; Heineken supports new settlement offerThere had been speculation that Heineken will take control of UBL and ask Mallya to step down as chairman.
- UBL starts beer supply from acquired Rajasthan breweryIn a BSE filing, United Breweries said it has commenced "supplies of beer upon commissioning of the company's brewery located at Shahjahanp...
- No change in UB ownership, happy with Vijay Mallya ties: HeinekenDutch beer major Heineken today ruled out changes in the ownership structure of United Breweries Ltd and its partnership with Vijay Mallya.
- Vijay Mallya may lose key assets after UBI declares Kingfisher a willful defaulterRBI’s definition of a willful defaulter is a person or a company who deliberately doesn’t honour his debt commitments to lenders.
- United Breweries Benefit Trust sells shareholding for Rs 285 croreVijay Mallya-led United Breweries raised Rs 285 crore by placing treasury stock with select long term institutional investors.
- SEBI imposes fine on Burren Energy, UnocalMarket regulator SEBI has imposed a fine of Rs 25 lakhs each on Burren Energy India Ltd and Unocal Bharat Ltd for violation of its takeover...
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