United Spirits Limited has announced the resignation of Mr. Diwaker Vij, Vice President - Commercial Finance, effective December 31, 2025. The announcement was made through a formal disclosure to BSE Limited and The National Stock Exchange of India Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Senior Management Personnel Departure

Mr. Vij, who served as one of the Senior Management Personnel (SMP) of the company, tendered his resignation to pursue opportunities outside United Spirits Limited. The resignation will be effective from the close of business hours on December 31, 2025, after which he will cease to be an SMP of the company.

Formal Communication and Compliance

The company fulfilled its regulatory obligations by providing the required details under Regulation 30 of SEBI Listing Regulations. The disclosure was signed by Pragya Kaul, Company Secretary & Compliance Officer, and included both the mandatory disclosure requirements and a copy of the resignation letter as per regulatory provisions.

Resignation Letter Details

In his formal resignation communication dated November 14, 2025, Mr. Vij expressed gratitude for the opportunities provided during his tenure with the company. He specifically acknowledged the support extended by the leadership team in Finance and other cross-functional areas throughout his seven-year association with United Spirits Limited.

The resignation represents a standard senior management transition as the company continues its operations in the alcoholic beverages sector. United Spirits Limited has completed all necessary regulatory disclosures and compliance requirements related to this senior management personnel change.

United Spirits Limited has received a penalty order from the Punjab Excise Commissioner requiring payment of ₹0.40 crores for an inadvertent operational lapse in printing of TT barcodes. The company disclosed this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Penalty Order Details

The Excise Commissioner, Punjab issued the penalty order, which was handed over in-person to the company's authorized representative. The order mandates payment of the penalty amount within 30 days from the date of issuance.

Nature of Violation

The penalty relates to an inadvertent and operational lapse in printing of TT barcodes. United Spirits had proactively filed a compounding application in relation to this compliance issue, indicating the company's awareness of the matter prior to receiving the formal penalty order.

Financial and Operational Impact

The company has assessed the impact of this penalty order on its business operations and financial position:

Regulatory Compliance

United Spirits has fulfilled its disclosure obligations by promptly informing both BSE Limited and The National Stock Exchange of India Limited about this development. The company trades under scrip codes 532432 on BSE and UNITDSPR on NSE.

The penalty represents a minor compliance matter for the alcoholic beverages company, with management confirming that the financial obligation will not affect the company's ongoing operations or other business activities beyond the monetary penalty itself.