United Spirits Limited — Others, 08-01-2025: Action(s) taken or orders passed

United Spirits Limited has announced a board meeting to address a demand order received from the State Tax Officer in Kerala, concerning non-payment of GST for establishment charges from September 2017 to March 2020. The total demand amounts to ₹1.134 crore, including tax, penalty, and interest. The company plans to appeal this demand, asserting it has a strong case and does not expect any significant financial impact. This proactive stance may foster positive investor sentiment, as it signals the company's intent to vigorously defend its position against potential liabilities.