Pioneer Distilleries Limited Announces Resignation of P. A. Murali as Director and Chairman

Pioneer Distilleries Limited is an India-based company engaged in the business of extra neutral alcohol (ENA) and allied products. The Company offers potable alcohol and related products. The Company's product portfolio includes Extra Neutral Alcohol (ENA), Rectified Spirit (RS), Special Denatured Spirit (SDS), Absolute Alcohol (Ethanol), Carbon-di-Oxide (C02), Carbon-di-Oxide(C02) and Power. The Company has an ENA production capacity of approximately 100,000 liters per day. Its ENA is used for the production of Indian Made Foreign Liquor (IMFL), Whisky, Brandy, Gin and Vodka. Its RS is a base product used in the manufacture of Ethanol and is also used in making country liquor. Ethanol is produced using molecular sieve technology and the plant has the capacity of manufacturing approximately 30,000 liters per day. The Company has set up power plants with a total capacity of approximately 7.825 megawatts.