Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 193

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 193
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2025 and 2024 is $ 166 165

  Interest   

Cash
flow interest rate risk

The
Company is exposed to cash flow interest rate risk through the changes in interest rates related mainly to the Company’s variable-rates
bank balances.

The
Company currently does not have any interest rate hedging policy in relation to fair value interest rate risk and cash flow interest
rate risk. The directors monitor the Company’s exposures on an ongoing basis and will consider hedging the interest rate should
the need arises.

Sensitivity
analysis

The
Company’s exposure to the risk of changes in cash flow interest rate relates primarily to the Company’s bank balances with
floating interest rates.

The
sensitivity analysis below has been determined assuming that a change in interest rates had occurred at the end of the reporting period
and had been applied to the exposure to interest rates for financial instruments in existence at that date. 1

If
interest rate on bank balances had been 1 20,661 27,687 19,420

  Foreign        

Foreign
currency risk is the risk that the holding of foreign currency assets will affect the Company’s financial position as a result
of a change in foreign currency exchange rates.

The
Company’s monetary assets and liabilities are mainly denominated in Hong Kong, which is the functional currency of the operating
subsidiary. Under the Linked Exchange Rate System in Hong Kong, HK$ is pegged to $, in the opinion of the directors of the Company,
the currency risk of $ is considered insignificant. The Company currently does not resort to any foreign currency hedging facilities
to eliminate the currency exposures. However, the directors closely monitor the related foreign currency exposure and will consider foreign
currency hedging to mitigate foreign currency risk should the need arise.

F-24

  GRANDE                                      
  GROUP LIMITED                               
  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  
  FOR THE YEARS ENDED MARCH                   
  31, 2025, 2024 and 2023                     
                                              
  (Stated                                     
  in US Dollars)                              
 ──────────────────────────────────────────────

NOTE
16 - RISKS

  Economic             

The
Company’s operations are mainly conducted in Hong Kong. Accordingly, the Company’s business, financial condition, and
results of operations may be influenced by changes in the political, economic, and legal environments in Hong Kong.

The
Company’s operations in Hong Kong are subject to special considerations and significant