GCSL · price
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Gretex Corporate Services has announced that Celestial Chakra Trust has received SEBI registration as a Category II Alternative Investment Fund (AIF). The registration was granted on May 5, 2026, with registration number IN/AIF2/26-27/2154. This follows earlier disclosures made in January 2026. The company's related entity, Bautex Ventures LLP (where Gretex and its subsidiary each hold 50% stakes), will serve as the Sponsor and Investment Manager for the Fund. This marks a new business venture for the company in the alternative investment fund management space.
This regulatory approval allows Gretex to expand into the AIF management business through its partnership in Bautex Ventures LLP. While this diversifies the company's revenue streams, the announcement contains no immediate financial impact details for shareholders.