ABD Appoints Bikram Basu Group CMO, Pradipta Basu SMP Status Change

The Board of Directors approved the changes at its meeting held on Thursday, July 23, 2026
Meeting commenced at 3:02 PM IST and concluded at 6:10 PM IST
Changes were based on the recommendation of the Nomination and Remuneration Committee
Changes are part of the Group's internal re-organisation

Mr. Bikram Basu appointed as "Group Chief Marketing and Innovation Officer" and Senior Management Personnel (SMP) of the Company
Effective date: August 1, 2026
He will continue to oversee operations of ABD Maestro Private Limited (ABDM), a subsidiary of the Company, where he currently serves as Managing Director

Dr. Pradipta Basu ceases to be classified as Senior Management Personnel (SMP) of the Company
Effective date: July 31, 2026
He will continue in his role as Chief Marketing Officer of the Company
This change is due to the consequent change in reporting structure following Mr. Bikram Basu's appointment

Mr. Bikram Basu's Profile:

Brings rich experience in the spirits industry from leading organizations
Career timeline: 6 years with United Spirits, 14 years with Pernod Ricard India, close to 11 years with ABD
Previous leadership roles in Business and Brand Strategy, Marketing and Sales
Success of several market-leading brands in the country attributed to his initiation
Worked in industry body CIABC for more than 10 years, served as Vice Chairman between 2015-2018
Currently on the Board of CIABC
Education: Bachelor of Commerce from St. Xavier's College, Kolkata; MBA from XLRI, Jamshedpur (1994); Executive Development certificate from INSEAD

Dr. Pradipta Basu:

Was appointed as Chief Marketing Officer and SMP of the Company effective April 15, 2026