United Spirits Limited — Others, 01-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

United Spirits has received two tax assessment orders, resulting in demands of INR 179.2 crore for FY 2019-20 and INR 166.2 crore for FY 2020-21. These demands stem from disallowances consistent with prior years. The company is actively appealing these orders and also plans to file a stay application. Based on its risk assessment, United Spirits believes it has a strong case and does not foresee any material financial implications from these demands. This update indicates ongoing tax proceedings with the company confident of a favorable outcome, minimizing investor concerns about potential financial impact.