Gretex Industries Limited — Others, 19-08-2025: Shareholders meeting

Gretex Industries Limited held its Annual General Meeting where shareholders approved key proposals. These include adopting the financial results for the year ended March 31, 2025, and re-appointing Ms. Rajkumari Harlalka as Director and M/s. V. Singhi and Associates as Statutory Auditors for five years. Shareholders also sanctioned increasing limits for loans and investments, material related party transactions, and an alteration to the company's memorandum of association. Significantly, an incentive of Rs. 1 Crore each was approved for Ms. Rajkumari Harlalka and Mr. Arvind Harlalka for each of the next three financial years. Strategic approval for an NBFC acquisition or takeover indicates potential business expansion.