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Gretex Corporate Services LtdImportant, 16-01-2026: Company Update

16-01-2026 | 06:48 pm

Gretex Corporate Services has issued clarifications regarding its proposed preferential issue of 100,000 equity warrants at an issue price of Rs. 300 each. The company clarified that certain regulatory references are not applicable as this issue doesn't involve a change in control or exceed 5% of share capital. Proceeds are earmarked for working capital, supporting business operations and strategic initiatives. Funds from the initial 25% payment will be utilized in FY 2025-26, with the balance from warrant conversions used in FY 2026-27. A voluntary valuation report was obtained for good governance.

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