United Spirits Ltd. entered into ENA manufacturing contracts with licensed partners. Name of the Entity Capovitez Private Limited (Maharashtra) Area of the Agreement is ENA Manufacturing. The consideration under this agreement islinked to variable factors such as size of production, inflationary trends impacting commodity pricing, technological upgrades, and other such parameters which have been mutually agreed between the parties.

These agreements are entered into in the normal course of business for a tenure of 03 years, and covers provisions such as Purchase of Grain & Sale of ENA, Delivery, Storage, Quality in Service, Material's Price & Payment, Confidentiality, etc.