Gretex Corporate Services Ltd board approved preferential allotment of 19.51 lakh fully convertible warrants to 5 non-promoter investors for ₹69.85 crore.
Each warrant priced at ₹358 is convertible into one equity share within 18 months from allotment date.
Ambition Tie-Up Private Limited is the largest allottee with 12.01 lakh warrants worth ₹42.99 crore and will become promoter post-conversion.
The filing revises earlier disclosure to correct typographical errors in warrant numbers for allottees 2 & 3 while maintaining other details.