Please find attached updates on Brewery Plant at Goa.
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Khoobsurat Ltd has received the regulatory license from the Government of Goa on April 8, 2025 to set up and operate its Goa brewery unit. The unit will handle production and bottling of beer in partnership with Salecte Brewing Limited. This is a follow-up to the company's January 29, 2025 announcement about its strategic alliance and investment in the Goa brewery project. The license is a key regulatory clearance needed before the plant can begin commercial operations.
Positive for shareholders — the license approval clears a major regulatory hurdle and moves the Goa brewery project closer to commercial production, which could open a new revenue stream for the company.