HYDERABAD: United beverages resumes beer supply to Telangana Beverages Corporation after assurances on pricing and dues.
Day after announcing that it would stop the supply of beer to Telangana Beverages Corporation Limited, United Beverages on Monday informed the stock exchange that it would resume the supply to Telangana’s beverages corporation.
The company, in the letter, said that it discussed with TGBCL and that the company assured them of addressing pricing concerns and pending dues in a time-bound manner.
UB has the biggest beer market share at 69 percent in Telangana, and stocks were drying up over the past few days.
Key Highlights
- United Beverages has resumed beer supply to
Telangana Beverages Corporation Limited after addressing pricing and dues concerns. - The company had previously announced a halt in beer supply due to issues with pricing and outstanding payments.
- United Beverages holds a dominant 69 percent market share in the beer segment in Telangana, leading to concerns over dwindling stock levels.
