United Breweries Share Price Gains Over 2%; Announces Resignation of Chief Sales Officer Rakesh Kumar

United Breweries Limited has announced the resignation of its Chief Sales Officer, Rakesh Kumar.  

The company disclosed this development in a formal communication to the stock exchanges, highlighting Kumar's decision to step down from his role to explore opportunities outside the company. 

Details of Rakesh Kumar's Resignation 

Rakesh Kumar, who served as the Chief Sales Officer and was designated as Director - Sales, has tendered his resignation.  

His departure will be effective from the close of business hours on April 30, 2026. The company has acknowledged his contributions and extended best wishes for his future endeavours. 

The resignation was communicated to the stock exchanges as per the requirements of the SEBI Listing Regulations. United Breweries has also made this information available on its official website. 

Communication to Stock Exchanges 

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, United Breweries informed BSE Limited and the National Stock Exchange of India Limited about the change in its senior management.  

The communication included a copy of Kumar's resignation letter, which cited his intention to pursue new opportunities as the reason for his departure. 

Corporate Acknowledgement 

The company expressed its appreciation for Rakesh Kumar's valuable contributions during his tenure.  

His leadership in the sales department has been acknowledged as instrumental in driving the company's growth and success. 

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Regulatory Compliance and Disclosures 

United Breweries has adhered to the necessary regulatory requirements by providing detailed disclosures as per the SEBI Master Circular and relevant SEBI Circulars.  

This ensures transparency and keeps stakeholders informed about significant changes within the company. 

United Breweries Share Price Performance 

As of April 20, 2026, at 3:15 PM, United Breweries share price on NSE was trading at ₹1,527.10 up by 2.24% from the previous closing price. 

Conclusion 

Rakesh Kumar's resignation marks a significant change in the senior management of United Breweries. The company has formally communicated this development to the stock exchanges and expressed gratitude for his contributions. Stakeholders are advised to stay informed through official channels for any further updates. 

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