PIONDIST

Ambit Corporate Finance Pvt. Limited has submitted to the Exchange a copy of Corrigendum to the Public Announcement dated February 19, 2011 with respect to Open Offer under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (the "SEBI Takeover Code") by United Spirits Limited (the "Acquirer") to the equity shareholders of Pioneer Distilleries Limited (the "Target Company").

Pioneer Distilleries Limited has informed the Exchange regarding intimation under Regulation 13 (3) and (6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992.

Pioneer Distilleries Limited has informed the Exchange regarding intimation under Regulation 22(17) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997.

Ambit Corporate Finance Pvt. Ltd. has submitted the Exchange a copy of the Second Corrigendum to the Public Announcement dated January 07, 2011 regarding Open Offer under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (the " SEBI Takeover Code") by United Spirits Limited (the "Acquirer") to the equity shareholders of Pioneer Distilleries Limited (the "Target Company").

Pioneer Distilleries Limited has informed the Exchange that Ms. M Amala Goud, resigned as the Company Secretary of the Company w.e.f. October 09, 2010 and Mr. Santhosh Kumar Keerthi, appointed as the Company Secretary and Compliance Officer of the Company in her place w.e.f. October 09, 2010.

Pioneer Distilleries Limited has submitted to the Exchange the Standalone Financial Results for the period ended September 30,2010.

Ambit Corporate Finance Pvt. Ltd. has submitted the Exchange a copy of the published Corrigendum to the Public Announcement regarding Open Offer under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (the " SEBI Takeover Code") by United Spirits Limited (the "Acquirer") to the equity shareholders of Pioneer Distilleries Limited (the "Target Company").

Pioneer Distilleries Limited has informed the Exchange regarding the Outcome of the Annual General Meeting of the Company held on September 25, 2010.

Ambit Corporate Finance Pvt Ltd has informed the Exchange regarding Public Announcement (the "PA") is being issued by Ambit Corporate Finance Private Limited (the "Manager to the offer "/Ambit") to the equity shareholders of Pioneer Distilleries Limited ("PDL" or the "Target Company") on behalf of United Spirits Limited ("USL" or the "Acquirer") pursuant to and in compliance with Regulation 10 & 12 and other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto up to the date of

Pioneer Distilleries Limited has informed the Exchange that the Promoters of the Company have entered into a Share Purchase Agreement with the United Spirits Limited (USL) on September 13, 2010 for sale of 73,22,280 Equity Shares of face value of Rs. 10/- each representing 54.69% of the fully paid-up Equity Share Capital of PDL at a price of Rs. 101/- per Equity Share. United Spirits Limited will also make an offer for the acquisition of 26,77,640 Equity Shares of Rs. 10/- each representing 20% of the fully paid-up Equity Share Capital of PDL.

Pioneer Distilleries Limited has informed the Exchange that the Share Transfer Books & Register of Members of the Company will remain closed from September 20, 2010 to September 25, 2010 (both days inclusive) for the purpose of Dividend payment (@ Rs. 1/- per share (10%) on the Equity Shares of the Company of face value of Rs. 10/- each) and for the Annual General Meeting of the Company to be held on September 25, 2010.

Pioneer Distilleries Limited has informed the Exchange that the Board of Directors at its meeting held on August 28, 2010 approved the appointment of M/s N G Rao & Associates, Chartered Accountants as Statutory Auditors of the Company for the financial year 2010-11, as recommended by the Audit Committee, subject to the approval of shareholders at the ensuing Annual General Meeting of the Company.

Pioneer Distilleries Limited had informed the Exchange that the Board of Directors of the Company at their meeting held on August 14, 2010 To transact the following business and other items as per the agenda: (1) To consider, approve and take on record the Un-Audited Financial Results for the first quarter ended June 30, 2010 (2) To decide the date, time and venue of the Annual General Meeting (3) To consider, approve the Notice of Annual General Meeting along with the Director's Report. The Company has now informed the Exchange that the Board meeting has been postponed due to unavoidable circ

Pioneer Distilleries Limited has informed the Exchange that the Board of Directors at their meeting held on July 24, 2010 approved the allotment of 8,00,000 Equity Share of face value of Rs.10/- each at a premium of Rs.26.10 per share, aggregating to Rs.2,88,80,000/- fully paid up, as per the SEBI Guidelines and Regulations, to the Promoters and Non-Promoters of the Company, as under, against conversion of warrants issued on Preferential Basis on July 30, 2009.