Disclosure As per Regulation 30 of SEBI(LODR), 2015
GRANDOAK · price
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Grand Oak Canyons Distillery Ltd (formerly Pacheli Industrial Finance Limited) has informed the BSE that its Managing Director, Mr. Piyush (DIN: 10727781), has resigned from the Board with effect from 08 August 2025. The resignation is cited as being due to personal and unavoidable reasons. Mr. Piyush has confirmed there are no other material reasons for stepping down, and he does not hold any directorship in other listed entities. The disclosure has been signed by Director Prabhakar (DIN: 11219679) on behalf of the Board. The company has not yet announced a replacement for the Managing Director role.
The sudden exit of the Managing Director may create short-term leadership uncertainty at the company. Investors should watch for any subsequent announcement regarding the appointment of a new MD, as prolonged vacancies at the top management level can be a concern for governance and operational continuity.