Undertaking for Non applicability of Reg 32 of SEBI (LODR) Reg 2015
GRANDOAK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Grand Oak Canyons Distillery Ltd has filed an undertaking with BSE confirming that Regulation 32 of SEBI (LODR) Regulations, 2015 does not apply to the company. This regulation requires listed entities to submit statements on deviations in use of proceeds from share issuances. The company certified that it has not issued any shares via public issue, rights issue, or preferential issue during the quarter and year ended March 31, 2026. The filing was signed by Prabhakar Kumar, Managing Director, and dated May 18, 2026. This is a routine compliance filing confirming no equity capital was raised during the reporting period.
Neutral for shareholders — the filing confirms no new share issuance occurred, meaning no dilution of existing shares. No immediate impact on stock price expected.