Monika Alcobev Limited has successfully completed its postal ballot process, with shareholders providing overwhelming approval for all four proposed resolutions on March 22, 2026. The company disclosed the voting results and scrutinizer's report to BSE Limited on March 23, 2026, in compliance with Regulation 44 of SEBI Listing Regulations.

Postal Ballot Process and Participation

The remote e-voting process commenced on February 21, 2026, at 9:00 a.m. (IST) and concluded on March 22, 2026, at 5:00 p.m. (IST). The company had 1280 shareholders as of the cut-off date of February 13, 2026. The voting was conducted entirely through electronic means, with no physical postal ballot forms distributed in accordance with MCA circulars.

Resolution-wise Voting Results

All four resolutions received identical voting patterns, demonstrating strong shareholder consensus. The voting breakdown remained consistent across all proposals:

Approved Resolutions

The company secured approval for two special resolutions and two ordinary resolutions:

Special Resolutions:

• Approval of "Monika Alcobev Employee Stock Option Scheme 2026 (ESOS-2026)"
• Extension of ESOS-2026 to employees and directors of holding, subsidiary, associate, and group companies

Ordinary Resolutions:

• Appointment of Mr. Ghanshyam Vijaykumar Vyas (DIN: 11386659) as Independent Director
• Appointment of Mr. Samir Kumar Das (DIN: 09645179) as Independent Director

Scrutinizer's Certification

Agrawal Mundra & Associates, Company Secretaries, served as the scrutinizer for the postal ballot process. The scrutinizer confirmed that all resolutions were passed with requisite majority, with 99.99% votes in favor and 0.01% against each resolution. No invalid votes were recorded during the process.

Corporate Governance Compliance

The postal ballot was conducted in full compliance with Sections 108 and 110 of the Companies Act, 2013, and relevant MCA circulars. The company utilized NSDL's e-voting platform and published newspaper advertisements in Free Press Journal (English) and Navshakthi (Marathi) on February 19, 2026. The voting results and scrutinizer's report are available on the company's website at www.monikaalcobev.com .

Monika Alcobev Ltd. successfully showcased its global portfolio brands at India Cocktail Week 2026, generating strong engagement from bartenders, hospitality professionals, and cocktail enthusiasts. The company spotlighted Licor 43 and Jinro Soju at the prestigious cocktail festival held on February 28 and March 1 at Jio World Garden, Mumbai.

Event Highlights and Brand Showcase

The festival brought together acclaimed bars, international labels, and leading mixology talent from across the country. Within this dynamic environment, Monika Alcobev's showcase generated strong engagement across both brands.

Licor 43 featured prominently in signature serves that highlighted its vanilla-forward profile and versatility across classic and modern recipes. Jinro Soju attracted consistent curiosity, particularly among younger consumers discovering the Korean brand through approachable mixed formats tailored to Indian preferences.

Interactive Activations Drive Engagement

To amplify engagement, Monika Alcobev introduced interactive activations that blended fun with flavour discovery. The basketball arcade game offered a playful challenge where participants earned Licor 43 merchandise for successful shots, drawing crowds and sparking lively conversations. Complementing this, the Make Your Own Carajillo 43 bar empowered attendees to craft personalized versions of the iconic Spanish coffee cocktail using Licor 43, with expert guidance from mixologists.

Industry Leadership Perspectives

David, Export Manager at HiteJinro Co., Ltd., highlighted the encouraging response to Jinro Soju: "The response to Jinro Soju was very encouraging, especially from younger consumers who were excited to discover the category and explore the different flavours. It was rewarding to see many people trying soju for the first time and engaging with the brand in such an energetic environment."

Ali Hariri, Cluster Director – Executive Board Member at Zamora Company, emphasized India's market potential: "India is an incredibly dynamic market, and we see strong long-term potential for Licor 43 here. The energy we experienced at India Cocktail Week 2026 reinforced how quickly India's cocktail culture is evolving and how open consumers are to discovering new flavours."

Strategic Business Impact

The two-day participation extended beyond tastings, translating into meaningful business conversations around on-premise listings, city-level activations, and collaborative initiatives with partner establishments. This reinforced the growing relevance of both brands within India's evolving bar ecosystem.

Mr. Kunal Patel, Managing Director of Monika Alcobev Ltd., reflected on the festival's success: "Seeing bartenders experiment confidently with Licor 43 and watching consumers discover Jinro Soju in innovative cocktail formats was extremely encouraging. The conversations extended well beyond the tasting counters and paved the way for new collaborations, stronger partnerships, and long-term brand building within India's evolving bar community."

Company Portfolio and Market Position

Monika Alcobev is a leading importer, distributor and marketer of premium alcoholic beverage brands across the Indian subcontinent. The portfolio includes globally acclaimed brands such as Jose Cuervo, 1800 Tequila, Remy Martin, Cointreau, Choya, Botanist, Licor 43, Jinro Soju, and Ron Diplomático. With a strong presence across key markets and over 100 world-renowned labels, the company remains at the forefront of India's premium alcoholic beverage landscape. In July 2025, the company achieved a major milestone with a highly successful SME IPO.