The Company has successfully completed the acquisition of the Business Undertaking of Pernod Ricard India Private Limited, as a going concern, on a slump sale basis relating to the business of production, bottling, marketing and sale of alcoholic and other beverages under the Imperial Blue Brands and from December 01, 2025 the economic ownership of the Imperial Blue Brands is transferred to the Company. The Company has remitted an amount of Rs 3,442.34 crores to Pernod Ricard India Private Limited towards lump sum consideration based on estimated closing adjustments in accordance with the BTA One of the primary objectives of the Company with regard to the acquisition of Imperial Blue business undertaking, is to create a PAN India IMFL business. The acquisition marks the Company’s foray into whisky - the largest IMFL ategory in India. Imperial Blue is currently the third largest IMFL ***** the acquisition, the Company turns into a leading player in brandy and whisky, the two largest IMFL categories. Imperial Blue shall serve as the base for the Company’s premium portfolio strategy. Since the Company and the Imperial Blue business undertaking have complementary geographic exposures within India, this acquisition would also strengthen the distribution network of the Company.

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