Grand Oak Canyons Distillery Limited (formerly Pacheli Industrial Finance Limited) has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, revealing both standalone and consolidated losses. The company, which operates through multiple subsidiaries in finance and leasing sectors, had its results reviewed by auditors VRSK Associates and approved by the Board of Directors.

Financial Performance

The company's financial performance for the quarter ended September 30, 2025, indicates challenges in its operations. While specific figures were not disclosed, the report confirms losses on both standalone and consolidated bases.

Subsidiary Operations

Grand Oak Canyons Distillery Limited operates through several subsidiaries, showcasing a diverse portfolio in the finance and leasing sectors. The company's major subsidiaries and their respective shareholdings include:

Regulatory Compliance

The company has adhered to regulatory requirements by submitting its unaudited financial results to the BSE Limited, as mandated by Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved these results at a meeting held on November 14, 2025.

Auditor's Review

VRSK & Associates, the company's statutory auditors, conducted a limited review of the financial results. The auditors stated that based on their review, nothing has come to their attention that causes them to believe that the financial results have not been prepared in accordance with applicable accounting standards and other recognized accounting practices.

Management's Statement

The company's management, led by Managing Director Prabhakar Kumar, has certified that the provisions of Regulation 32 of SEBI (LODR) Regulations, 2015, relating to the statement of deviation or variation in the use of funds, are not applicable. This is because the company has not issued any equity shares through public issue, rights issue, or preferential issue during the quarter and half-year ended September 30, 2025.

While the specific reasons for the losses were not detailed in the available information, the consolidated nature of the losses suggests that challenges may be present across the company's various subsidiaries and operations. Investors and stakeholders will likely be looking for more detailed information to better understand the factors contributing to the company's financial performance.

As Grand Oak Canyons Distillery Limited navigates through these financial challenges, the market will be watching closely for any strategic initiatives or operational changes that the company might implement to improve its financial position in the coming quarters.

Pacheli Industrial Finance has announced significant changes to its board of directors and key decisions made during its August 8, 2025 meeting.

Board Reshuffling

The company witnessed major leadership changes with the resignation of two key figures:

• Mr. Piyush, the Managing Director, has stepped down due to personal reasons.
• Mr. Ajay Kumar, a Non-Executive Non-Independent Director, has also resigned citing personal reasons.

In light of these departures, the board has made a significant new appointment:

• Mr. Prabhakar Kumar has been appointed as Additional Managing Director.

40th Annual General Meeting

The company has scheduled its 40th Annual General Meeting (AGM) for September 2, 2025. The meeting will be conducted via video conferencing for the financial year 2024-25.

Additional Appointments and Decisions

Several other key appointments and decisions were made during the board meeting:

1. B Kaushik & Associates has been appointed as the Secretarial Auditor for the financial year 2025-2026.
2. Mr. Mithlesh has been appointed as the Internal Auditor for five consecutive years starting from 2025-2026.
3. The board approved amendments to loan agreements.
4. August 26, 2025, has been set as the cut-off date for e-voting eligibility.
5. M/s Parul Agrawal & Associates has been appointed as the scrutinizer for the e-voting process.

Financial Reporting

The board has approved its report for the year ended March 31, 2025.

These changes and decisions mark a significant moment for Pacheli Industrial Finance. Shareholders and stakeholders will be keenly observing how these new appointments and decisions will shape the company's future direction and performance.