The Board of Directors of the Company at their meeting held today i.e. August 3, 2022, has inter-alia 1. Noted that a new grain based 60 KLPD distillery has been commissioned at Muzaffarnagar along with increase in capacity of existing distilleries at Muzaffarnagar and Milak Narayanpur by 40 KLPD each (from 160 KLPD to 200 KLPD), thereby increasing the Company's overall distillation capacity to 660 KLPD. The aforesaid is in addition to commissioning of a new distillery at Milak Narayanpur & enhancement in the capacity of distillery at Sabitgarh, as intimated earlier. 2. Approved the proposal for setting up two new dual feedstock (sugarcane derived and grain) distilleries with an aggregate capacity of 450 KLPD at Rani Nangal and Sabitgarh, both in the State of Uttar Pradesh at an aggregate cost of about Rs.460 crore, subject to receipt of necessary statutory clearances. With the proposed addition, the total distillation capacity of the Company will stand augmented to 1110 KLPD.