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United Spirits Ltd.

BSE: 532432 Sector: Consumer
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Announcement Under Reg 30 - Update In View Of The Outbreak Of COVID-19 Pandemic In India

March 26, 2020, 5:30 pm | Source: BSE

In compliance with the nationwide lockdown announced by the Honorable Prime Minister on March 24 2020 all the offices and manufacturing units of the Company will remain closed. While it is not possible to make an assessment of the financial impact of this currently we would like to make this disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 as a matter of abundant caution. This shutdown will stay in effect until April 14 2020 subject to further directives issued by the respective Government authorities and the Companys assessment of the prevailing situation.

To ensure well-being of all employees and to maintain continuity of critical operations the Company has adopted a work from home policy for all office employees which will continue until it is considered safe to resume work from office.