Earlier, Kavita Singh, Chief Human Resources Officer (CHRO) and designated as Director- People of the company, stepped down on 2 April 2026
Marking another exit from United Breweries within a month, Rakesh Kumar, Chief Sales Officer, designated as Director of Sales of the company, has tendered his resignation. His resignation will be effective from the close of business hours on 30 April 2026.
“The company places on record its appreciation for his valuable contributions made during his tenure and wishes him success in his future endeavours,” the company said in an exchange filing. Kumar is looking to explore opportunities outside of the company as he stepped down from the post on 20 April, as per his resignation letter.
Earlier, Kavita Singh, Chief Human Resources Officer (CHRO) and designated as Director- People of the company, stepped down on 2 April 2026. Singh’s last working date will also be 30 April 2026, as per the resignation. Singh is also looking to pursue the professional journey outside the company.
Business Operations
The company’s net sales in the third quarter of the financial year 2026 were up 4 per cent, driven by premiumisation and positive price-mix. The premium volumes grew ahead of the portfolio, bringing year-to-date net sales growth to 6 per cent.
The productivity and cost effectiveness program notified earlier will continue through the current financial year. Some of the early benefits of the program have supported the margin delivery. “We expect this program to deliver gross savings of 3 to 6 per cent in the total cost base over time, with a substantial share of these efficiencies planned for strategic reinvestment to support sustained growth,” the company earlier noted.
Soufflet Malt, a maltster, notified a new project to build a state-of-the-art malthouse in South Rajasthan, India, in partnership with United Breweries or UBL. The new facility will provide high-quality malt for brewing of iconic beers such as Kingfisher and Heineken, reflecting both companies’ goal of delivering beer to consumers in India while supporting sustainable agriculture, job creation and regional economic growth.
