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Gretex Corporate Services LtdImportant, 08-05-2026: Company Update

08-05-2026 · 01:32 pm

Gretex Corporate Services announced a revised board meeting outcome to correct a typographical error in a previous disclosure. The Board approved the preferential allotment of 19.51 lakh fully convertible warrants to five non-promoter investors. Each warrant is priced at Rs. 358 and will convert into one equity share within 18 months. This move aims to raise approximately Rs. 69.85 crore in fresh capital for the company. Ambition Tie-Up Private Limited is a key allottee, investing Rs. 42.99 crore. This capital infusion strengthens the company's financial position and supports future growth initiatives.

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