United Spirits Limited announced that Deputy Commissioner, State Tax issued a demand notice due to the non-submission of certain statutory declaration forms and delivery proofs. The Company filed an appeal with the Joint Commissioner, who granted partial relief. The Company will be filing a rectification application or appeal before a higher forum.

Nature and details of the action(s) taken, initiated or order(s) passed; Fiscal year 2011-12, 2012-13 and 2013-14 - Order-in-Appeal dated 28 March 2024, 22 March 2024, and 28 March 2024 respectively. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible.: Based on the Company's risk-assessment, Company believes it has a good case and does not anticipate any material financial implications. Quantum of claim, if any: Fiscal year 2011-12-­ INR 40.5 million; Fiscal year 2012-13- INR 292.2 million; Fiscal year 2013-14- Nil.