Investor Presentaiton

Q3 FY16 - UPDATE ON EXPANSION Globus Spirits East India expansion advancing well - on schedule to commission facilities in Bihar and West Bengal in Q1 FY17 - Key driver for significant top-line and bottom-line growth in FY17 IMIL ban in Bihar not expected to impact greenfield operations of the Company as bulk alcohol demand to remain robust as IMIL to be replaced by economy IMFL brands - Bihar remains a deficit state – to cater the growing need of Bulk Alcohol in Bihar, which is witnessing a huge deficit of 55 million liters Number of locational advantages to drive profitability – close to raw material sourcing point, higher realizations and savings in logistic costs among other benefits 12

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