GRANDOAKBSEGrand Oak Canyons Distillery LtdMinimalNeutral
Announced Sat, 31 May · 18:25 IST

Undertaking for Non- Applicability of Regulation 32 of SEBI(LODR), 2015

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Grand Oak Canyons Distillery Ltd (formerly Pacheli Industrial Finance Limited) has submitted an undertaking to BSE stating that SEBI Regulation 32 is not applicable to the company for the quarter and financial year ended March 31, 2025. This regulation requires listed companies to report any deviations or variations in the use of proceeds from public, rights, or preferential issues. The company has confirmed it did not issue any equity shares through a preferential issue during this period, making this compliance requirement inapplicable. The filing has been signed by Mr. Piyush, Managing Director, dated May 31, 2025.

Likely market impact

This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company had no preferential share issuances during the reported period, so no deviation reporting is required.