Shares of United Spirits and United Breweries rose on Friday after the Karnataka government revamped its liquor policy and said taxes will be based on actual alcohol content. On the NSE, United Spirits shares closed 4.91% higher at ₹1,390.90 apiece, while shares of United Breweries ended 6.66% higher at ₹1,760 apiece. The revamped policy will be introduced from April 2026.