Gretex Corporate Services Ltd

Gretex Corporate Services Ltd has announced that its Board of Directors will convene on November 5, 2026. The primary agenda item is to consider and approve the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026. Concurrently, the company has confirmed the closure of the trading window for designated persons from October 1, 2026, which will reopen within 48 hours after the financial results are declared. This information is also available on the company's website.

Gretex Corporate Services Ltd has been fined ₹8,00,000 (Rupees Eight Lakh Only) by the Securities and Exchange Board of India (SEBI) through an Adjudication Order dated October 27, 2026. The penalty was levied under Section 15HB of the SEBI Act, 1992. The order stems from Gretex's role as a Merchant Banker in the IPO of Taurian MPS Limited, where SEBI found that the company did not exercise due diligence in a disclosure within the offer document, contravening SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Other allegations against Gretex were not established. The company stated that this penalty has no material impact on its financials, operations, or other activities.

Gretex Corporate Services Ltd has announced the filing of Draft Red Herring Prospectus (DRHP) for two of its associated companies, Abacus Lifestyle Brands Limited and Oremet Alloys And Castings Limited. Both companies are set to be listed on the Emerge Platform of the National Stock Exchange of India (NSE). This move signifies a step towards public listing for these entities, potentially opening up new avenues for growth and capital infusion. The DRHP filing is a crucial preliminary step in the Initial Public Offering (IPO) process, allowing regulatory bodies to review the company's financials and business plans before public offering.

Gretex Corporate Services Ltd has announced the filing of the Draft Red Herring Prospectus (DRHP) for Tenty Limited. This filing pertains to Tenty Limited's intention to list on the Main Board Platforms of both the National Stock Exchange of India Limited (NSE) and BSE Limited. The DRHP is a crucial step in the process of an Initial Public Offering (IPO), providing detailed information about the company's business, financials, and the proposed offering to potential investors. This move signifies Tenty Limited's progression towards becoming a publicly traded entity, with Gretex Corporate Services acting as a facilitator in this process.

Gretex Corporate Services Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from October 01, 2026, and will remain in effect until 48 hours after the announcement of the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ending September 30, 2026. The closure applies to all Designated Persons and their immediate relatives, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The date of the board meeting to approve these financial results will be communicated separately.

Gretex Corporate Services Limited has announced that its equity shares have been classified under the Margin Trading Facility (MTF) category by the Stock Exchanges. This classification will enable trading of the company's shares under the MTF, subject to SEBI and Stock Exchange regulations. The company views this as a positive development for its shareholders and stakeholders.

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.

Gretex Corporate Services Ltd announced that Vama Wovenfab Limited has filed its Red Herring Prospectus (RHP) with the Registrar of Companies, Mumbai. This filing is in preparation for Vama Wovenfab's proposed listing on the SME Platform of the BSE. The issue is scheduled to open on September 15, 2026, and close on September 17, 2026, with a proposed listing date of September 22, 2026.

Gretex Corporate Services Ltd announced that its material subsidiary, Gretex Share Broking Limited, has opened a new branch office. The office is located at 401-402, SPG Empress, Mithakhali Circle, Navrangpura, Ahmedabad -380009. This expansion is in line with the subsidiary's business requirements and growth strategies. The move is intended to support the company's ongoing expansion plans and enhance its operational reach.

Gretex Corporate Services Ltd has approved the allotment of 7,50,000 warrants, constituting the second tranche, to the Non-Promoter Group. These warrants, with a face value of ₹10 each, are issued at a price of ₹358 per warrant for cash consideration. The total investment amount for this tranche is ₹6,71,25,000. This allotment follows previous board and shareholder approvals for a larger preferential issue of 19,51,000 warrants. The issuance adheres to SEBI ICDR Regulations and the Companies Act, 2013.