Gretex Corporate Services Ltd — Important, 18-05-2026: Company Update

Gretex Corporate Services has issued a corrigendum to its postal ballot notice, providing additional details for shareholders. This update clarifies the use of funds from the proposed preferential issue. The company plans to raise ₹69.85 Cr, allocating ₹13 Cr for general corporate purposes, ₹2.5 Cr for investment in Bahutex Ventures LLP, ₹15 Cr for warrants of Gretex Industries Limited, and ₹39.35 Cr for working capital. The issue price of ₹358 per warrant was determined after considering various market prices and a voluntary valuation report. Shareholders who already voted can revise their submission.