June 18, 2023

Punjab Breweries , Indo Lowenbru , Premier Breweries were Merged with United Breweries

 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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