Despite two years of efforts to address the issue, there has been no increase in the base prices of their products, leading to escalating losses that have rendered their operations in Telangana unviable.

United Breweries, the maker of popular beer brands such as Heineken and Kingfisher, announced on Wednesday that it has halted the supply of its beer to the Telangana Beverages Corporation Limited (TGBCL),

Shares of the company went into a tailspin after it announced the suspension of its beer in the state. United Breweries’ stock tanked over 7 per cent to hit an intraday low of Rs 1920 apiece on BSE. The Rs 52,

United Breweries Ltd's shares fell over 7% after suspending beer supplies to TGBCL due to financial concerns and unpaid dues. The stock is currently trading 13% below its 52-week high, despite a 23% increase in net profit for Q2 FY25.