Company: GRAN
Filing Date: 2025-01-30
Form Type: F-1/A
Source: 0001213900-25-008225
Chunk: 249

Company: Grande Group Ltd/HK
Filing Date: 2025-01-30
Form: F-1/A
Chunk 249
---
 2023, the amounts due to a related party solely represented amounts due to Grande Holding Limited, which is the controlling shareholder of the Company. These amounts are unsecured, interest -free, and have no fixed terms of repayment. (c) Summary of related party transactions: A summary of trade transactions with related parties for the years ended March 31, 2024 and 2023 are listed below:

| Employee benefit expense paid to senior management: 
 2024                                                |     | March 31, |    2023 |     |   |         |
|:----------------------------------------------------|:----|:----------|--------:|:----|:--|--------:|
| Yujie, Chen                                         |     | $         |  94,615 |     | $ |  60,000 |
| Chi Bun Alan, Chung                                 |     |           |     N/A |     |   | 230,318 |
| Hao Xiang, Pan                                      |     |           |  70,962 |     |   |  23,590 |
| Total                                               |     | $         | 165,577 |     | $ | 313,908 |

F-24

NOTE 16 — RELATED PARTY TRANSACTIONS (cont.)

| Consultation fee paid to senior management: 
 2024                                        |     | March 31, |  2023 |     |   |   |
|:--------------------------------------------|:----|:----------|------:|:----|:--|:--|
| Tak Kai Raymond, Tam                        |     | $         | 5,769 |     | $ | — |
| Total                                       |     | $         | 5,769 |     | $ | — |

NOTE 17 — SUBSEQUENT EVENTS The Company evaluates subsequent events that have occurred after the balance sheet date but before the financial statements are issued. There are two types of subsequent events: (1) recognized, or those that provide additional evidence with respect to conditions that existed at the dates of the balance sheets, including the estimates inherent in the process of preparing financial statements, and (2) non -recognized, or those that provide evidence with respect to conditions that did not exist at the date of the balance sheet but arose subsequent to that date. The Company has analyzed its operations subsequent to March31, 2024 to the date of December10, 2024, these consolidated financial statements were issued, except for the following non -recognizedevents, the Company