Grand Oak Canyons Distillery (formerly Pacheli Industrial Finance) has submitted its Annual Report for FY2024-25. The company reported a net loss of Rs. 5.01 Cr for the year, a reversal from last year's small profit.

No dividend was proposed.

Key proposals for the upcoming AGM include converting approximately Rs. 850 Cr of unsecured loans from non-promoters into equity shares, aimed at improving financial health.

The company also announced major board changes, including new director appointments.

A secretarial audit flagged non-compliance issues, such as delayed regulatory filings and a SEBI interim order.

The primary business is reported as manufacturing of batteries and electric appliances, and trading of shares.