As per attachment attached
GCSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Deepak Navinchandra Shah stepped down as Whole-time Director of Gretex Share Broking Limited, the company's material subsidiary, effective 31st March 2025, with the reason stated simply as resignation. He was identified in the filing as a Key Managerial Personnel (KMP) of the material subsidiary. From 1st April 2025, he has been appointed as Sales-Vice President Director at the parent company, Gretex Corporate Services Ltd. He has over 15 years of experience, with about 10 years in accounts and financial management, and recently focused on IPO sales and marketing. No other board changes were disclosed in this filing.
This is largely an internal reshuffle within the Gretex group rather than a fresh leadership exit, as the same person moves from the broking subsidiary to the parent company. For shareholders, the key thing to watch is whether a permanent replacement is named for the Whole-time Director seat at Gretex Share Broking, since leadership continuity at a material subsidiary can affect business execution.