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UNITED BREWERIES LTD. - United Breweries Ltd reply to clarification sought by the exchange


16 Sep 2015
The Exchange had sought clarification from United Breweries Ltd with respect to news article appearing on CNBC TV 18 on September 15, 2015 titled "SFIO To Probe Alleged Financial Irregularities From 2005 To 2014, SFIO To Probe Flow Of Funds Between KFA, United Breweries & United Spirits, SFIO To Probe Mismanagement Of Funds Running Into Over Rs 8,000 Cr, SFIO Launches Investigation Against Kingfisher Airlines"<BR> <BR>United Breweries Ltd replied stating "We would like to inform you that United Breweries Limited (UBL) has not received any kind of notice from SFIO nor is aware of any development in this regard. In so far as UBL is concerned we deny the report as baseless and no such event has occurred in the case of UBL.<BR> <BR>We reiterate our commitment to inform you of any event/information that may have a bearing on the operation / performance of the Company."

Source: BSE India

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