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Corporate Action7 May 2026, 10:51 pm

Gretex Corporate Services Increases Authorized Share Capital

AI Summary

Gretex Corporate Services Ltd has announced an alteration to its Memorandum of Association (MOA), specifically Clause V, concerning the company's authorized share capital. Shareholders approved increasing the authorized share capital from ₹24,20,00,000 to ₹26,50,00,000, divided into 2,65,00,000 equity shares with a face value of ₹10 each.

Key Highlights

  • Gretex Corporate Services' shareholders approved amending the Capital Clause (Clause V) of the MOA.
  • The authorized share capital increases from ₹24,20,00,000 to ₹26,50,00,000.
  • The number of equity shares rises from 2,42,00,000 to 2,65,00,000.
  • Each equity share maintains a face value of ₹10.