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Pacheli Industrial Finance LtdOthers, 08-08-2025: Others

08-08-2025 | 07:19 pm

Grand Oak Canyons Distillery (formerly Pacheli Industrial Finance) has submitted its Annual Report for FY2024-25. The company reported a net loss of Rs. 5.01 Cr for the year, a reversal from last year's small profit. No dividend was proposed. Key proposals for the upcoming AGM include converting approximately Rs. 850 Cr of unsecured loans from non-promoters into equity shares, aimed at improving financial health. The company also announced major board changes, including new director appointments. A secretarial audit flagged non-compliance issues, such as delayed regulatory filings and a SEBI interim order. The primary business is reported as manufacturing of batteries and electric appliances, and trading of shares.

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