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RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits

RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits

RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits

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. Samalkha, District Panipat, Haryana:<br />

The production facility is built on an area spread over 16.575 acres of land. This unit too<br />

has its own captive supply of water and power.<br />

At present both the units are capable of manufacturing Alcohol from both molasses and grain.<br />

The total licensed and installed capacity of each of the units is 144 lakh Bulk Litres (BL) per<br />

annum<br />

The plants are currently engaged in the manufacturing of Industrial Alcohol [comprising Rectified<br />

Spirit, and Extra Neutral Alcohol (ENA)]; Country Liquor (CL); and Indian Made Foreign Liquor<br />

(IMFL).<br />

The distilleries have modern bottling facilities equipped with bottling machines, which caters to<br />

its own production of Country Liquor and IMFL brands. Also, the Company has tie-ups and<br />

separate arrangements for bottling IMFL products for other brand owners.<br />

The Company is now gearing up for modernization and expansion of its production facilities,<br />

along with setting up latest facilities in utility management to enable it to lower the cost of<br />

production while continuing to produce high quality spirit.<br />

Notwithstanding its above plans, the Company also intends to enter the IMFL market by<br />

developing its own brands and/or acquiring existing brands and marketing them all over India.<br />

The Company has engaged Ernst & Young, a consulting firm, as its Advisor regarding matters<br />

related to Kyoto Protocol under United Nations Framework Convention on Climate Change<br />

(UNFCCC). The Company proposes to implement greenhouse gas abatement project by utilizing<br />

biomass and biogas for steam and power generation that would reduce emission of Green House<br />

gases from fossil fuel combustions for equivalent energy generation.<br />

Ernst & Young will assist the Company in getting the potential benefits of the GHG abatement<br />

project under the clean Development Mechanism (CDM) of the Kyoto Protocol.<br />

For further details, please see the section on “Business Overview” beginning from<br />

page no. 73 of this Red Herring Prospectus.<br />

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