United Spirits Nashik Facility Regularization and Fee Payment

United Spirits Limited has paid a regularization fee of approximately INR 5.81 crore for its Nashik manufacturing facility. The fee was determined following a suo-motu regularization application initiated by the company in December 2022, and an advisory letter issued on August 28, 2025. The payment was made on October 8, 2025. This regularization aligns with local land revenue and town planning regulations.

Regularization Fee Payment

United Spirits Limited has completed the payment of a regularization fee for its manufacturing facility located in Nashik. The total fee amounted to approximately INR 5.81 crore and was paid on October 8, 2025.

Background of the Regularization

The regularization process was initiated by the company itself in December 2022. This action was undertaken to ensure compliance with the Maharashtra Land Revenue Code, 1966, and the Maharashtra Regional and Town Planning Act, 1966. Subsequently, on August 28, 2025, the Office of the Sub-Divisional Officer, Dindori, Nashik, issued an advisory letter specifying the required regularization fee to the Tehsildar.

Minimal Operational Impact

The company anticipates that the payment of this regularization fee will not have a significant impact on its operational activities or financial performance, beyond the amount of the fee itself.

Source: BSE

InvestyWise News
InvestyWise News
Covers market-moving news with speed and precision, delivering sharp insights to help readers stay ahead in the fast-paced world of stocks.

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!