Monika Alcobev Ltd

Proposed cessation by suppliers

• Six months' prior written notice to terminate import and distribution rights.
• Proposed cessation date specified as March 31, 2027.
• Affected brands include Jose Cuervo, 1800 Tequila, Reserva de la Familia.
• Other brands: Maestro Dobel, Gran Centenario, Maestro Dobel 50, Creyente Mezcal.
• Additional brands: 400 Conejos Mezcal, The Kraken Rum, Bushmills and The Sexton.
• Territories affected: India, Sri Lanka, Maldives, Bhutan, Bangladesh, Nepal, Pakistan.

Company response and implications

• Company does not concur with termination and is evaluating legal options.
• Engaged legal advisors to protect rights and interests.
• Financial impact to be evaluated; actions to ensure uninterrupted operations.
• Company will keep stock exchange informed of material developments.

Monika Alcobev Limited: Trading window closed from Thursday, October 01, 2026 till the end of 48 hours after the declaration of the Unaudited Financial Results for the half year ended September 30, 2026.

Exclusive partnership

• Monika Alcobev appointed exclusive distribution and marketing partner for Rémy Cointreau across India.

Rollout and brands

• Transition to a single-window platform deepens Rémy Cointreau's India strategy with scale, efficiency.
• Transition underway; completion across retail and HORECA in coming months.
• Rémy Cointreau's brands include Rémy Martin, Louis XIII, Cointreau, St-Rémy, Bruichladdich, Metaxa, Mount Gay.

Outlook and growth

• Monika Alcobev aims for sustainable growth of Rémy Cointreau brands in India.

Clarification on Proximo distribution with Monika Alcobev

• Existing Proximo distribution agreement remains valid and in force.
• No communication has been received indicating cessation of the arrangement.
• Monika Alcobev has been associated with Proximo since 2018.
• Distribution covers Jose Cuervo, 1800, Reserva de la Familia, Maestro Dobel, Gran Centenario.
• Other brands include Creyente, 400 Conejos, Kraken, Bushmills, The Sexton, Boodles.
• Company will pursue remedies under applicable law and contractual arrangements if needed.
• Will monitor developments and disclose material updates to the Stock Exchange.

Issue Overview

• Type of issue: public IPO of equity shares.
• Total size reported; no undersubscription or revision observed.
• Main objectives: funding working capital, debt repayment, general corporate purposes, and issue expenses.

Utilisation of Proceeds

• Utilisation is as disclosed; no material deviations observed.
• Means of finance unchanged; no reallocation or cost revisions.
• All four objects are fully utilised, with no idle funds.
• GCP funds fully utilized.
• No unutilised funds remaining; none parked in deposits or monitoring accounts.

Governance & Compliance

• All required approvals for objects are not applicable; approvals not required.
• No material events affecting viability observed.
• No other information likely to affect investor decision-making identified.

GCP

• GCP funds fully utilized; no sub-head details provided.
• Board approval status for allocation not specified.

Partnership details

• Strategic partnership to import, distribute, and market Angostura’s portfolio in India.
• Initial products include Angostura 5-Year-Old Rum, Aromatic Bitters, and Orange Bitters.
• Availability starts in Maharashtra and Delhi, with phased expansion to other states.
• Monika Alcobev will lead import, distribution, and marketing across key Indian markets.
• India’s premium spirits segment shows rising interest in craft cocktails and global labels.

Dematerialisation status

• No demat or remat requests were received or processed in the quarter.
• Securities received for dematerialisation (if any) were confirmed to depositories and listed on exchanges.
• Dematerialisation certificates received (if any) were mutilated and cancelled after verification.
• Depository name substituted as registered owner in the register of members within prescribed timelines.