Empee Distilleries Ltd. announced that the Board of Directors of the company at its meeting held on April 27, 2016, has approved allotment of 14%, 375 Nos. secured, rated, listed, redeemable non-convertible debentures of INR 1,000,000 each to aggregating INR 375 million to select investors under Private placement basis namely EW India Special Assets Fund Pte Ltd. and Arum Investments Private Ltd.