UNITED SPIRITS LTD.

United Spirits Ltd has announced the appointment of Mr. Daniel Mobley as an Additional Director (Non-Executive, Non-Independent Director) effective July 6, 2026. The appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Mr. Mobley brings extensive experience in corporate relations and reputation management, having served as Global Corporate Relations Director at Diageo and held various roles in public service and NGOs. He holds degrees from the University of Oxford. Mr. Mobley has affirmed he is not debarred from holding a director's office.

United Spirits Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI's Prohibition of Insider Trading Regulations, 2015. The window will be shut from Wednesday, July 1, 2026, and will reopen 48 hours after the declaration of the financial results for the quarter ending June 30, 2026. This measure is standard practice to prevent potential insider trading during periods when material non-public information might be available.

United Spirits Ltd announced the appointment of Mr. Vinod Rao as an Additional Director (Non-Executive Independent Director) effective June 13, 2026. The decision was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Mr. Rao brings over 35 years of finance experience, having worked with global companies like Diageo, PepsiCo, and ICI. He previously served on the company's board from 2016 to 2021 and has expertise in various markets. His appointment is for a term of three years, subject to shareholder approval. He has affirmed that he is not debarred from holding a director's office.

United Spirits Ltd announced the proposed closure of its manufacturing unit in Hyderabad, India, by August 31, 2026. This decision is part of the company's multi-year Supply Chain Agility Program, approved in January 2023. The unit contributed approximately 2% (₹599 crore) to the company's revenue from operations during the financial year 2025-26. The company plans to transfer the excise license to another party, leading to the cessation of factory operations. The disclosure was made on June 3, 2026, with a delay attributed to internal verification.

United Spirits Ltd (USL) is contesting a demand of ₹441.95 crore from the Water Resources Department (WRD) of Maharashtra related to water charges from November 2018 to February 2026. The Bombay High Court did not grant interim protection. USL filed a Special Leave Petition (SLP) in the Supreme Court, which directed USL to deposit ₹50 crore with the court as an interim measure and restrained WRD from coercive action. USL believes it has a strong case and does not expect material financial implications.

United Spirits Ltd has announced the appointment of Mr. Amitabh Pande as Chief Strategy Officer, effective June 1, 2026. This decision was based on the recommendation of the Nomination and Remuneration Committee and approved by the board of directors. Mr. Pande will report to Mr. Praveen Someshwar, Managing Director & Chief Executive Officer. Mr. Pande brings 27 years of experience in consumer strategy, insights, marketing, and business planning, including roles at Diageo India, IKEA, and PepsiCo.

United Spirits Ltd's Board of Directors reviewed and amended the "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" in compliance with SEBI regulations. The amended code is available on the company's website. The code outlines principles and practices for handling UPSI, prohibiting insiders from communicating UPSI unless for legitimate purposes, duties, or legal obligations. It applies to all UPSI disclosures by the company, its subsidiaries, associates, and companies under the same management.

United Spirits Ltd's Board of Directors approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹11 per equity share (Face Value of ₹2 each). The record date for determining shareholders' entitlement to the dividend is July 8, 2026, and payment will be made on or after August 13, 2026, following declaration at the AGM scheduled for August 4, 2026. The company's revenue from operations for the year stood at ₹27,781 Crores.

United Spirits Ltd's Board of Directors approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹11 per equity share (Face Value of ₹2 each) for FY26. The record date for determining shareholders' entitlement to the dividend is July 8, 2026. The dividend, if declared at the AGM, will be paid on or after August 13, 2026. The company's 27th Annual General Meeting is scheduled for August 4, 2026.

United Spirits Ltd's Board of Directors approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹11 per equity share (Face Value of ₹2 each) for FY26. The record date for determining shareholders' entitlement to the dividend is fixed as Wednesday, July 8, 2026. The 27th Annual General Meeting (AGM) is scheduled for Tuesday, August 4, 2026, and the dividend, if declared, will be paid on or after Thursday, August 13, 2026. The company's revenue from operations for the year stood at ₹27,781 Cr.