Kamal Ghorui
Bengaluru: United Breweries on Thursday informed stock exchanges that an employee inadvertently disclosed unpublished price sensitive information (UPSI) related to the company’s draft annual financial results to an outside individual.In a filing, the beer maker said the disclosure took place on May 5 “for legitimate reasons” but without the “necessary safeguards”. The company said the information pertained to its draft annual financial results.United Breweries had announced its March quarter and the full year 2025-26 results. Total income for the March quarter stood at Rs 4,414 crore, compared with Rs 4,433 crore a year earlier, while profit for the period rose to Rs 102 crore from Rs 97 crore. For FY26, total income stood at Rs 17,501 crore against Rs 19,437 crore in FY25, while profit for the year came in at Rs 413 crore compared with Rs 441 crore a year earlier.The company said the board-approved annual financial results were disclosed to stock exchanges within a few hours of the inadvertent disclosure, and therefore “no further action is required” under SEBI’s principles governing fair disclosure of unpublished price sensitive information.“This is being notified to you as a matter of good corporate governance,” the company said in the filing. The filing did not disclose the nature of the information shared, the identity of the outside individual, or whether any trading activity took place before the financial results were made public.
