Pursuant to Regulation 30 of the SEBI (LODR) Regulations it is hereby informed that a. The Government of India Ministry of Consumer Affairs, has informed that, 'Incentive in lieu of sugar sacrificed for producing ethanol from B-heavy molasses/sugarcane juice/sugar syrup/sugar will be given corresponding to the reported ethanol production for August, 2021. Currently, 50% incentive on sugar sacrificed is being given; however, from monthly release quota for October, 2021 and onwards, 100% incentive on sugar sacrificed for producing ethanol from B-heavy molasses/sugarcane juice/sugar syrup/sugar, will be given. The Company has sacrificed sugar for producing ethanol from B-heavy molasses and sugar syrup and as such is eligible for the above mentioned incentive which it shall receive by way of additional monthly sugar release quota from the month of November 2020-21 onward. b. The Company has commenced sugarcane crushing season 2021-22 with effect from October 21, 2021.