Prabhakar Kumar

Grand Oak Canyons Distillery is undergoing a significant capital restructuring, highlighted by a planned ₹2,067 crore preferential issuance of non-convertible preference shares to three corporate entities, alongside a reclassification of its authorized share capital. While the company reversed a substantial loss from the prior year to report a modest profit of ₹8.04 lakhs in FY26, revenue remained minimal at ₹27.37 lakhs. Auditors have raised qualifications regarding compliance with borrowing limits and internal controls, indicating potential operational and financial oversight concerns that investors should monitor as the company navigates this substantial capital raise and its implications for future growth.