Grand Oak Canyons Distillery Board Approves Capital Reclassification

GRAND OAK CANYONS DISTILLERY LIMITED

Board Meeting Details

The Board of Directors meeting was held on Saturday, September 05, 2026 from 08:00 P.M. to 08:30 P.M. at the registered office of the company at 3rd Floor, A321, Master Mind 4, Royal Palms, Nagariniwara, Mumbai, Goregaon East, Maharashtra, India, 400065.

Key Decisions Taken

1. Ratification of Secretarial Auditor Appointment

• The Board recommended ratification of the appointment of M/s B Kaushik & Associates, Practicing Company Secretaries as Secretarial Auditor.
• This appointment is subject to approval of shareholders at the ensuing Annual General Meeting.
• Brief profile of M/s B Kaushik & Associates:
• Name: M/s B. Kaushik & Associates
• Reason for Change: No change in Secretarial Auditor
• Date of Appointment: 05/09/2026 (subject to shareholder approval)
• Profile: Delhi-based Practicing CS Firm providing professional services in corporate and SEBI laws
• Relationship between Directors: Not applicable

2. Re-classification of Authorized Share Capital

• The Board considered and approved the proposal for re-classification of the authorized share capital of the Company.
• This approval is subject to the approval of the members of the Company and such other approvals as may be required under the applicable provisions of the Companies Act, 2013.
• Financial impact not quantified in the disclosure.

3. Issuance of Non-Convertible Preference Shares

• The Board approved the proposal for issuance of Unlisted 2% Non-Convertible Preference Shares (NCPS) on a preferential basis.
• This approval is subject to the approval of the Members of the Company at the ensuing Annual General Meeting (AGM).
• Financial impact not quantified in the disclosure.