United Breweries Limited has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on April 29, 2009) that: "During the quarter ended June 30, 2008 the Company has raised Rs.42,488 Lakhs through an issue of shares on rights basis (Rights Issue). The proceeds of the rights issue have been utilised in the following manner: (a) Rs.31,973 Lakhs for repayment of cash credit/overdraft accounts and for additional working capital requirements. (b) Rs.5,015 Lakhs for Capital Expenditure. Pending utilization the balance proceeds of Rs.5,500 Lakhs have been invested in mutual funds".
| NIFTY 
