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| Exchange Received Time 11/04/2017 14:46:29 Exchange Disseminated Time 11/04/2017 14:46:39 Time Taken 00:00:10 | | This is in relation to certain media reports regarding Liquor Prohibition in the state of Madhya Pradesh. We wish to clarify that all trade and manufacturing licenses have been renewed for the financial year 2017-18. The Finance Minister of the State has clarified that Excise policy of the financial year 2017-18 is already implemented and there is no fix plan for prohibition. As earlier informed our Company is at a very advance stage regarding commencement of its new Brewery in state of Karnataka which is expected to commission in next 3 to 4 months. |
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