With reference to latest media reports published by a select section of media mentioning about a purported CAG report and alleged underpayment of excise duty. In this regard, Radico Khaitan has informed that the company has complied with all legal requirements including revenue laws of the country. It has not received any notice of any irregularity in the matter. Henceforth, the company find lack of accuracy in the information presented in these media articles.
The above information is a part of company’s filings submitted to BSE.
