Gretex Corp to Allot 19.51 Lakh Convertible Warrants, ₹69.85 Cr

Gretex Corporate Services Ltd revised the outcome of its board meeting held on May 7, 2026, pertaining to fund raising. The board approved the allotment of 19,51,000 fully convertible warrants to non-promoter, public category investors on a preferential basis. Each warrant is convertible into one equity share at ₹358 within 18 months from the date of allotment, aggregating to ₹69,84,58,000. There were five allottees including Ambition Tie-Up Private Limited, Zyana Developers LLP and Shailja Sandeep Jindal.