Change in Director / Key Managerial Personnel

Nature of change: Appointment, resignation, and cessation of Senior Management Personnel (SMP).

Appointment Details:

  • Name and DIN: Mr. Sameer Chugh (DIN not disclosed in filing)
  • Position: General Counsel, India (SMP)
  • Effective Date: 1st December 2026
  • Tenure: Not specifically disclosed

Brief Profile and Qualifications:

Mr. Sameer Chugh has over 30 years of experience in legal leadership across highly regulated sectors. His expertise includes corporate governance, M&A, litigation, regulatory matters, and commercial transactions.

He joins United Spirits Limited from Games24x7, where he served as Chief Legal Officer/General Counsel. Previous experience includes:

  • Group General Counsel at Bharti Group
  • Leadership roles at British Telecom, Essar Group, and Cummins
  • Roles with leading law firms

Educational Qualifications:

  • Integrated bachelor's degree in Socio-Legal Sciences and Law (LL.B.) from Symbiosis Society's Law College, Pune
  • Post Graduate Diploma in Marketing Management from Symbiosis Institute of Management Studies, Pune
  • Master's degree in Telecom Business from University College of London
  • Enrolled as an Advocate with the Bar Council of Delhi

Resignation Details:

  • Name: Ms. Shobana Nikam
  • Position: Executive Vice President and General Counsel
  • Effective Date: 31st October 2026 (end of business hours)
  • Reason: Personal reasons (as stated in her resignation letter)

Cessation Details:

  • Name: Ms. Archana Sasan
  • Position: Interim General Counsel (in a consulting capacity)
  • Effective Date: 31st December 2026 (end of business hours)
  • Reason: Completion of tenure

Confirmation of Eligibility: The appointments were made based on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors, indicating compliance with SEBI Listing Regulations.

Relationship with other directors: Not disclosed in the filing.

Previous KMP: Ms. Shobana Nikam held the position of Executive Vice President and General Counsel prior to her resignation. Ms. Archana Sasan served as Interim General Counsel in a consulting capacity.

Key Financial or Operational Approvals

The Board of Directors meeting held on 28th October 2026 approved the appointment of Mr. Sameer Chugh as General Counsel, India. The meeting commenced at 14:00 hours IST and concluded at 15:50 hours IST.

No specific financial approvals, capital expenditures, debt, or equity-related decisions were disclosed in this filing. The document focuses exclusively on management personnel changes.

Strategic or Business Context

No business outlook, risk commentary, segment-wise insights, or strategic changes were disclosed in this filing. The document is solely focused on management personnel changes.

Any Other Material Information

The disclosure is made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company has provided all required annexures as per regulatory requirements:

  • Annexure A: Details for appointment of Mr. Sameer Chugh
  • Annexure B: Details for resignation of Ms. Shobana Nikam and cessation of Ms. Archana Sasan
  • Annexure C: Copy of resignation letter from Ms. Shobana Nikam

The resignation letter from Ms. Shobana Nikam dated 27th October 2026 confirms her resignation effective 31st October 2026 due to personal circumstances.