Gretex Corporate Services Limited has made a disclosure regarding the allotment of warrants under Regulation 30 of SEBI LODR Regulations.
The company has allotted 5,55,167 (Five Lakh Fifty-Five Thousand One Hundred Sixty-Seven) warrants as the first tranche of a previously approved preferential issue. These warrants have a face value of ₹10 each and were issued at a price of ₹358 per warrant.
The allotment was made to Ambition Tie-Up, a member of the Promoter Group, for cash consideration. The total investment amount for this tranche is approximately ₹19,87,49,786 (Nineteen Crore Eighty-Seven Lakh Forty-Nine Thousand Seven Hundred Eighty-Six).
This allotment represents more than 25% of the total consideration for the warrant issue. Post-allotment, the allottee is categorized under the Promoter Group.
The Board of Directors approved this allotment through a Circular Resolution dated August 10, 2026. This action follows previous disclosures dated May 07, 2026 (board approval) and June 06, 2026 (shareholder approval) for the total issue of 19,51,000 warrants on a preferential basis.
The allotment has been made in accordance with:
- Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
- The Companies Act, 2013 and relevant rules
The disclosure was signed by Bhavna Desai, Group Head-Legal, Company Secretary and Compliance Officer (M. No. A31586) on August 10, 2026.