Undertaking of Non- Applicability of Regulation of 32 of SEBI (LODR) Regulation 2015 for the quarter ended on 31st December 2025
GRANDOAK · price
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Grand Oak Canyons Distillery Ltd (formerly Pacheli Industrial Finance Limited) has submitted an undertaking to BSE stating that Regulation 32 of SEBI (LODR) Regulations 2015 is not applicable to the company for the quarter ended 31st December 2025. Regulation 32 requires companies to report deviations in the use of proceeds from equity issuances such as public issues, rights issues, or preferential issues. The company confirmed it did not raise funds through any of these routes during the quarter, making the regulation inapplicable. The filing was signed by Managing Director Mr. Prabhakar Kumar (DIN: 11219679) on 3 February 2026.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company did not undertake any fresh equity fundraising activity during the quarter, so there is nothing to report regarding the use of issue proceeds.