United Spirits Limited — Others, 23-01-2025: Retirement

The Board has noted that Mr. Mahendra Kumar Sharma, Independent Director, will complete his second term and cease to be Chairperson and a member of key committees effective 31st March 2025. His leadership significantly contributed to the company's growth, successful navigation during challenges, and robust financial performance over the last decade. The Board expressed gratitude for his services. Subsequently, Mr. V K Viswanathan, currently an Independent Director, will assume the role of Chairperson from 1st April 2025. This transition may ensure continuity in leadership and strategic direction, potentially enhancing stability and investor confidence in the company’s journey ahead.