Khoobsurat Ltd has issued an important update to stakeholders regarding the progress of its brewery project under Regulation 30. The company has outlined a detailed timeline for equipment installation, testing phases, and the commencement of commercial beer production.

Equipment Installation Progress

The brewery project is advancing according to schedule with multiple critical components under installation. The company has provided specific timelines for key equipment deployment and operational readiness.

Technical Integration and Testing Phase

Following equipment delivery, Khoobsurat Ltd has outlined a comprehensive integration process involving technical expertise from Germany. The company expects to begin test production once all systems are properly connected and operational.

Key aspects of the integration phase include:

• Technical team from Germany visiting the plant in March 2026
• Integration of tanks and packaging plant by specialized technicians
• First test batch brewing scheduled between mid to end of April 2026
• Bottling plant operationalization and brewery production connectivity

Commercial Production Timeline

The company has established a clear pathway to commercial production, contingent upon successful completion of installation and testing phases. Commercial production readiness depends on the bottling plant becoming fully operative and connected to the brewery production system.

The announcement, signed by Managing Director Sanjay Mishra, emphasizes the company's commitment to keeping stakeholders informed about this significant business development. The brewery project represents a major expansion initiative for Khoobsurat Ltd as it ventures into beer production and manufacturing.

Khoobsurat Limited has submitted its quarterly compliance filing to BSE Limited and The Calcutta Stock Exchange, confirming no deviations in the utilization of rights issue proceeds during the third quarter ended December 31, 2025. The filing, made pursuant to Regulation 32 of SEBI LODR Regulations, demonstrates the company's adherence to prescribed fund utilization guidelines.

Rights Issue Details and Fund Raising

The company successfully raised ₹33.74 crores through a rights issue conducted between May 21, 2024, and June 13, 2024. The fund raising exercise was completed without any monitoring agency oversight, and all proceeds have been utilized in accordance with the objects specified in the prospectus dated April 10, 2024.

Fund Allocation and Utilization Status

The rights issue proceeds were allocated across five distinct categories, with specific amounts designated for each purpose:

Compliance and Regulatory Adherence

The quarterly statement confirms that Khoobsurat Limited has maintained full compliance with SEBI regulations regarding fund utilization. No variations or deviations were reported for the quarter, indicating that all fund deployments aligned with the originally stated objectives. The company's audit committee provided no additional comments following their review, and auditors similarly had no observations regarding the fund utilization pattern.

Corporate Governance and Transparency

The filing was signed by Sanjay Mishra, Managing Director (DIN: 09048557), and submitted digitally on January 12, 2026. This quarterly compliance demonstrates Khoobsurat Limited's commitment to maintaining transparency in fund utilization and adhering to regulatory requirements. The company continues to operate without requiring any monitoring agency oversight for its rights issue proceeds, reflecting strong internal governance mechanisms.

The statement serves as confirmation that all rights issue proceeds are being deployed according to plan, with no unauthorized variations or deviations from the approved utilization framework during the reporting period.