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Clarification14 Aug 2026, 05:30 pm

Gretex Corporate Services Corrects Warrant Allotment Number

AI Summary

Gretex Corporate Services Ltd has issued a clarification regarding a previous disclosure on the allotment of warrants. The company stated that due to a typographical error, the number of warrants intended for allotment was incorrectly reported as 5,55,167 instead of the accurate figure of 12,01,000. This allotment is on a preferential basis to members of the Promoter Group and Non-Promoter Category. The corrected details confirm that Ambition Tie-Up Private Limited, categorized under Promoter Group, is allotted 12,01,000 equity warrants at an issue price of ₹358 per warrant, with an approximate investment amount of ₹19,87,49,786.

Key Highlights

  • Company corrects typographical error in warrant allotment disclosure.
  • Actual number of warrants allotted is 12,01,000, not 5,55,167.
  • Ambition Tie-Up Private Limited receives 12,01,000 warrants.
  • Allotment price is ₹358 per warrant.
  • Total investment amount is approximately ₹19.87 crore.