Nitta Gelatin India Limited Board of Directors of the Company, at its meeting held on 09 November 2022 has approved the expansion of capacity by 1000 MT per year for the manufacture of Collagen Peptide at the Gelatin Division of the Company. Existing Capacity: 450 MT per year, Existing Capacity Utilization: 100 %, proposed Capacity addition: 1000 MT per year, Expected Date of Commencement: 01 January 2023, Period within which the proposed capacity is to be added 21 months Investment size/Mode of Financing INR 1068.33 million /Mode of financing will be decided subsequent y by the Board of Directors. Rationale To tap the opportunities available in the growing Collagen Peptide market.