Grand Oak Canyons Distillery board meet Sep 4, 2026

What the latest BSE intimation says

Grand Oak Canyons Distillery Limited (formerly Pacheli Industrial Finance Limited) has informed BSE that a meeting of its Board of Directors is scheduled for September 4, 2026. The disclosure was carried in an exchange filing timestamped “As on 02 Sep, 2026 | 03:50”. The company’s scrip is listed on BSE under code 523862. The agenda flagged in the intimation focuses on capital restructuring actions to be considered by the board.

The company said the meeting will be held at its registered office in Goregaon East, Mumbai. In the same set of disclosures, the company also references its registered office at Prathamesh Horizon, New Link Road, Borivali (West), Mumbai, indicating that investors should rely on the specific meeting venue stated in the board intimation for logistical clarity. The filing notes the board meeting will cover three primary resolutions, although the detailed list of those resolutions is not provided in the text shared.

Capital restructuring on the September 4 agenda

The key proposal highlighted is the issuance of unlisted 2% Non-Convertible Preference Shares (NCPS) on a preferential basis. The company proposes issuing 206,70,00,000 such preference shares. The disclosure frames this as a capital restructuring item requiring board consideration and approval.

Preference shares are typically used by companies to raise capital with defined payout terms, but the intimation here only specifies that the instruments are “unlisted” and carry a “2%” rate, without describing tenure, conversion features (if any), redemption terms, or the identity of proposed allottees. Because the filing excerpt does not provide those additional details, investors will likely need to wait for the board outcome announcement after September 4, 2026 to understand the final structure and conditions, if approved.

Preferential issue: what is known and what is not

From the information available, three elements are explicit: the number of securities (206,70,00,000), the instrument type (2% NCPS), and the mode (preferential basis). The preference shares are stated to be unlisted, which usually means they will not trade on stock exchanges even though the issuer is listed.

However, the disclosure does not state the issue price, the total fund raise amount, the allotment date, or any specific regulatory steps beyond board approval. It also does not indicate whether shareholder approval will be sought subsequently, or whether any other statutory approvals are involved. Any such steps, if applicable, would typically be communicated through subsequent exchange filings.

Recent board actions: Q1 FY27 unaudited results

Separately from the September 4 meeting, Grand Oak Canyons Distillery has disclosed recent board activity related to financial results. The company informed BSE that its Board of Directors met on Wednesday, August 12, 2026, and approved the unaudited financial results for Q1 FY27. The quarter under review ended on June 30, 2026.

The company had earlier informed BSE that the board would meet on August 12, 2026 for the stated agenda of considering and approving the unaudited financial results for the first quarter of FY27. In the same context, the company stated that SEBI Regulation 32 is not applicable. The excerpt does not include the financial numbers for Q1 FY27, and therefore the market is left with the compliance and meeting-outcome information rather than performance metrics.

FY26 audited results: meeting adjournment and reconvening

The company also disclosed board approvals around audited financials for FY26. It stated that audited financial results for the quarter and year ended March 31, 2026 were approved in a board meeting held on Monday, May 18, 2026. This meeting was described as reconvened after an earlier adjournment.

The reconvened meeting commenced at 5:30 P.M. and concluded at 6:20 P.M. on May 18, 2026. Another related update says the board meeting began on May 16, 2026 at 6:00 P.M. and concluded at 6:45 P.M, and due to ongoing deliberations it was continued and set to reconvene on May 18, 2026 at 5:00 P.M at the company’s registered office. The company also stated that the trading window for its securities remained closed until 48 hours after the financial results are declared.

Trading window closure disclosures

Grand Oak Canyons Distillery stated that it shut its trading window from July 1, 2026 for Designated Persons and Connected Persons. It added that the window will reopen 48 hours after the Q1 FY27 unaudited results for the quarter ended June 30, 2026 are declared.

In another line within the provided text, the company notes that the date for the board meeting to consider the results was yet to be announced, which appears to reflect an earlier stage of disclosure before the August 12, 2026 meeting took place. Based on the later update, the Q1 FY27 unaudited results were approved on August 12, 2026.

Company profile and office addresses cited

The disclosures describe the company as engaged in financing business and investment activities. Along with Mumbai addresses, the text also includes a corporate office address in New Delhi for a May 2026 board meeting notice. The meeting venue for the reconvened May 18, 2026 meeting is specified as “3rd Floor, A321, Master Mind 4, Royal Palms, Goregaon (East), Mumbai, Nagari Niwara, Mumbai, Goregaon East, Maharashtra, India, 400065.”

Because multiple addresses appear across different notices, the most actionable approach for investors is to focus on the address specifically stated in the relevant board meeting intimation and outcome for that particular date.

Key factual table

What investors will watch after September 4

The central near-term trigger is the board’s decision on the proposed preferential issuance of unlisted 2% NCPS. If approved, the subsequent exchange filing typically clarifies the final terms, approvals required, and implementation steps, but those details are not available in the provided text.

Investors will also track whether the company publishes further compliance updates tied to trading window reopening timelines and any follow-on corporate actions arising from the capital restructuring proposal.

Conclusion

Grand Oak Canyons Distillery has put capital restructuring on its September 4, 2026 board agenda, with a proposal to issue 206,70,00,000 unlisted 2% NCPS on a preferential basis. The company has also recently completed board processes around Q1 FY27 unaudited results (approved on August 12, 2026) and FY26 audited results (approved in a reconvened meeting on May 18, 2026). The next concrete update is expected through the board meeting outcome disclosure following the September 4, 2026 meeting.