Intimation of change of name of the Company from Pacheli Industrial Finance Limited to Grand Oak Canyons Distillery Limited and Consequent Alteration in Memorandum and Artcle of Association ....
GRANDOAK · price
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The company has officially changed its name from 'Pacheli Industrial Finance Limited' to 'Grand Oak Canyons Distillery Limited', with effect from April 3, 2025, as approved by the Registrar of Companies, Ministry of Corporate Affairs. The Memorandum and Articles of Association have been altered to reflect this name change. The company was originally incorporated in 1985 as 'Dhoot Finance Company Private Limited' and is listed on BSE with scrip code 523862 and CIN L74110MH1985PLC037772. The new name signals a clear shift in business identity from industrial finance to the distillery/liquor business.
For shareholders, this is largely an administrative change with no immediate effect on share value or rights, but the rebranding from an industrial finance entity to a distillery indicates a strategic business pivot that investors should monitor for actual operational progress in the new segment.