United Spirits: DRI Seizes Goods Valued at ₹6.45 Cr

United Spirits Ltd has disclosed that the Directorate of Revenue Intelligence (DRI) has issued seizure memos under Section 110 of the Customs Act, 1962, for goods valued at approximately ₹6.45 crore. The seizure memos were issued on October 30, 2026, and November 4, 2026. This action is part of an industry-wide exercise concerning the customs tariff classification of certain imported goods and preferential tariff treatment under the India-UK Free Trade Agreement. The company is confident of an early resolution, is engaging with authorities, and is seeking provisional release of the goods. There is currently no material impact on the company's operations or financial activities.