As per attachment
GCSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gretex Corporate Services Ltd has received a post-enquiry show cause notice from SEBI dated July 11, 2025, under Regulation 27(1) of the SEBI (Intermediaries) Regulations, 2008. The notice relates to the company's role as a Merchant Banker and cites alleged violations of Regulation 7 of SEBI (Merchant Bankers) Regulations, 1992, and Regulation 13 read with Clauses 1, 3, 4, 7 and 20 of Schedule III of the same regulations. SEBI is asking the company to explain why recommended measures or other action should not be taken against it. This is a continuation of an earlier disclosure dated December 27, 2024. The company has stated that the financial or operational impact cannot be quantified at this stage and will depend on the outcome of the proceedings.
This is a regulatory action in progress — not yet a penalty or order. Investors should monitor developments as SEBI could impose measures such as penalties, restrictions on merchant banking activities, or other sanctions, which could affect the company's business and reputation.