Monika Alcobev Faces Distribution Deal Cessation Notice

Monika Alcobev Ltd has received a written notice from its suppliers, including Casa Cuervo and Proximo Spirits, proposing to cease their distribution relationship for several key brands in India and surrounding territories. The suppliers have provided six months' prior notice, with a proposed cessation date of March 31, 2027. The affected brands include Jose Cuervo, 1800 Tequila, The Kraken, and Bushmills Irish Whiskey. Monika Alcobev considers this a material event, does not concur with the termination, and is evaluating legal options while also planning for business continuity. The financial impact is currently under evaluation.