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The Board of Directors has announced a meeting, during which they approved an investment in a greenfield brewery in Uttar Pradesh. This facility, targeting a market that grew approximately 20% in 2024, will produce both mainstream and premium products, including Heineken®. The proposed capacity addition is between 1.0 to 2.0 million hectoliters (mhl), with an estimated completion timeframe of Q4 2026-27. The investment required for this project is INR 750 crore, which will be financed through a mix of debt and equity. This strategic initiative aims to capitalize on the growing beer category in Uttar Pradesh, presenting a positive outlook for future market expansion.