Gretex allots 12,01,000 warrants to promoter group entity at Rs 358 each
GCSL · price
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Gretex Corporate Services has allotted 12,01,000 equity warrants to Ambition Tie-Up Private Limited, a promoter group entity, on a preferential basis. The investment value is approximately Rs 19.87 crore at an issue price of Rs 358 per warrant. This corrects an earlier disclosure dated August 10, 2026, which had a typo mentioning 5,55,167 warrants instead of the actual 12,01,000. The warrants are convertible into equity shares.
Promoter group investment of about Rs 19.87 crore signals confidence, but warrants may dilute equity on conversion.