Three brewery companies viz., Punjab Breweries Ltd., Indo
Lowenbran Breweries Ltd. and Premier Breweries Ltd. were
amalgamated with the company. Consequent upon amalgamation,
the
erstwhile shareholders of Punjab Breweries Ltd., and Indo
Lowenbran Breweries Ltd. were allotted 10,21,435 equity
shares
of Rs 10 each.
Source / For More
https://www.moneycontrol.com/company-facts/unitedbreweriesholdings/history/UBH
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