Appointment of Mr. Arvind Harlalka as a CFO in Material Subsidiary
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Gretex Corporate Services Limited has informed BSE that Mr. Arvind Harlalka has been appointed as the Chief Financial Officer of its material subsidiary, Gretex Share Broking Limited, effective August 12, 2025. The appointment was made in a board meeting held on the same date, as required under Section 203 of the Companies Act, 2013. Mr. Harlalka is described as an experienced professional with expertise in business strategy, financial governance, corporate governance, research, and innovation. This disclosure was made under SEBI Listing Regulations to inform the stock exchange about a change in senior management personnel at the subsidiary level.
This is a routine appointment disclosure for a key finance role in the company's material subsidiary (Gretex Share Broking Limited), suggesting strengthening of financial oversight. No immediate material impact on shareholders or stock price is expected from this appointment alone.