United Spirits Limited announced imposition of fine with compounding fee of INR 500,000 by Office of the Commissioner of Excise, Udaipur (Rajasthan). Date of receipt of the direction or order, including any ad-interim or interim orders, or any other communication from the authority: Order dated 3rd June 2024 received by the Company through hand delivery as on 3rd June 2024 approximately 5.00 PM IST. Please note that the delay in reporting is on account of Compounding Order being in local language.

Details of the violation(s)/contravention(s) committed or alleged to be committed: A fine has been levied for non-compliance of excise related parameters while inspection by excise officials. Impact on the financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: No impact on the financial, operational, or other activities of the Company. Quantum of claim, if any: Compounding fee of INR 500,000.