Corporate Action9 Sept 2026, 11:45 am
Gretex Corporate Allots 8.46 Lakh Shares on Warrant Conversion
AI Summary
Gretex Corporate Services Limited has approved the allotment of 8,46,033 fully paid-up equity shares of face value Rs. 10 each upon conversion of warrants. The conversion was approved via a circular resolution on September 8, 2026. Ambition Tie-Up Private Limited is the allottee, receiving all 8,46,033 shares. The issue price was Rs. 358 per share, including a premium of Rs. 348. Post-allotment, the company's paid-up capital stands at Rs. 25,00,53,790, comprising 2,50,05,379 equity shares.
Key Highlights
- Allotment of 8,46,033 equity shares upon warrant conversion.
- Ambition Tie-Up Private Limited is the sole allottee.
- Issue price fixed at Rs. 358 per share.
- Post-allotment paid-up capital reaches Rs. 25,00,53,790.
- Conversion is from warrants issued on a preferential basis.
Price Impact
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