Grand Oak Canyons Distillery Ltd shareholders approved the audited financial statements for the year ended March 31, 2026, during its 41st Annual General Meeting held on September 26, 2026. All five resolutions, including those on capital restructuring, passed with overwhelming majority support.

The virtual meeting commenced at 1:00 pm IST and concluded at 1:30 pm IST. A total of 42 shareholders participated through video conferencing or other audio-visual means. Ms. Sarvagya Goel, Company Secretary, welcomed the attendees, while Chairman Prabhakar Kumar presided over the proceedings after confirming the requisite quorum. Voting was conducted exclusively via electronic means, with no physical proxy votes recorded.

Ordinary business resolutions

The shareholders approved the adoption of the audited standalone financial results along with the statutory auditor's report and the board's report. Additionally, the retirement by rotation of a director as per Section 152(6) of the Companies Act, 2013, was approved. The appointment of a secretarial auditor for a four-year term covering financial years 2026-27 to 2029-30 was also ratified.

Special business and capital actions

Two significant special resolutions were passed to alter the company's capital structure. The first involved the reclassification of the authorized share capital. The second resolution approved the issuance of unlisted 2% Non-Convertible Preference Shares (NCPS) on a preferential basis.

Governance updates

The meeting also addressed routine governance matters, including the appointment of a secretarial auditor for a four-year term covering financial years 2026-27 to 2029-30. The notice convening the meeting was taken as read with member consent, as were the reports of the statutory auditors on the standalone financial results. The scrutinizer report confirmed that no invalid votes were cast across any agenda item.

Grand Oak Canyons Distillery Limited has scheduled its Annual General Meeting for September 26, 2025. The meeting will be conducted through video conferencing or other audio-visual means to transact the business set out in the notice.

The company, formerly known as Pacheli Industrial Finance Limited, will hold remote e-voting from September 23, 2025, at 9:00 am until September 25, 2025, at 5:00 pm. Members holding equity shares as of the cut-off date of September 18, 2025, are eligible to vote.

Meeting and Voting Details

Shareholders can cast their votes electronically using the system provided by National Securities Depository Limited. Those who vote remotely before the meeting may attend via video conferencing but cannot vote again during the session. Participants present at the virtual meeting who have not voted remotely remain eligible to vote on resolutions.

Members who have not registered their email addresses with the company or depository must provide specific details to obtain login credentials. Physical holders need to submit folio numbers, names, share certificates, and self-attested PAN and Aadhaar cards. Demat holders must provide DPID-CLID details along with similar identification documents.

Regulatory Compliance

The process complies with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Prabhakar Kumar, Director, signed the notice dated September 5, 2025.