Company: GRAN
Filing Date: 2025-07-01
Form Type: 424B4
Source: 0001213900-25-060039
Chunk: 261

Company: Grande Group Ltd/HK
Filing Date: 2025-07-01
Form: 424B4
Chunk 261
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 adoption, and a lease liability of $351,674. No cumulative -effectadjustment to retained earnings was required upon adoption of Topic 842. The lease agreements do not specify an explicit interest rate. The Company’s management believes that the Hong Kong Dollar Prime Rate at 5.88% and 5.25% during the years ended March31, 2024 and 2023, respectively, was the most indicative rate of the Company’s incremental borrowing cost for the calculation of the present value of the lease payments. As of March 31, 2024 and 2023, the right -of -useasset was $312,268, and nil, respectively. As of March 31, 2024 and 2023, lease liability consists of the following:

|                                       |     | March 31, 
 2024      |         |     | 2023 |   |
|:--------------------------------------|:----|:----------|--------:|:----|:-----|:--|
| Lease liability – current portion     |     | $         | 151,560 |     | $    | — |
| Lease liability – non-current portion |     |           | 160,708 |     |      | — |
| Total                                 |     | $         | 312,268 |     | $    | — |

During the years ended March 31, 2024 and 2023, the Company incurred total operating lease expenses of $165,868 and $185,612, respectively.

F-19

NOTE 9 — LEASES (cont.) Other lease information is as follows:

|                                                          |     | March 31, |   |     |      |
|                                                          |     |      2024 |   |     | 2023 |
| Weighted-average remaining lease term – operating leases |     | 2.0 years |   |     |  N/A |
| Weighted-average discount rate – operating leases        |     |      5.88 | % |     |  N/A |

The following is a schedule of future minimum payments under operating leases as of March 31:

| 2025                                               |     | $ | 165,868 |   |
| 2026                                               |     |   | 165,868 |   |
| Total lease payments                               |     |   | 331,736 |   |
| Less: imputed interest                             |     |   | (19,468 | ) |
| Total operating