Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 informing that a Memorandum of Understanding (MOU has been executed on 5 September 2022 between Zuari Industries Limited ('the Company'), Envien International Limited, Malta ('EIL') and Zuari Envien Bioenergy Private Limited ('ZEBPL') to build and operate a biofuel distillery and further explore the organic and inorganic business opportunities in the biofuel space in India.