Gretex allots 7.5 lakh warrants at Rs 358 each to non-promoters

Fund Raising View source PDF Explain this filing

GCSL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-6.9%Reaction day

₹521.00

prior close

₹526.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-7.5% vs market

Capital Markets peers, median of 63sector · industry level-0.1%-6.8% vs sector

On the reaction day the stock moved 7.5 pts less than Nifty Microcap 250 and 6.8 pts less than its Capital Markets peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-0.8

15m

-1.5

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.9+0.5-7.5-0.1-6.8

Next day

-4.0+0.8-4.8-0.1-4.0

-1.7+1.0-2.8-0.1-1.6

+0.1+0.6-0.5+0.5-0.4

+3.5+1.2+2.3+0.3+3.2

+3.8+0.9+2.8-0.1+3.9

+5.6+1.6+4.1+0.1+5.6

15d

+17.6+1.9+15.7-1.2+18.8

+22.2+0.8+21.4-2.2+24.4

+35.3-5.7+41.0-6.8+42.2

—————

UpDownMarket · Nifty Microcap 250Sector · Capital Markets peers, median of 63Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Gretex Corporate Services has allotted 7,50,000 warrants (second tranche) at Rs 358 each on a preferential basis to four non-promoter allottees, raising about Rs 6.71 crore upfront (25% of total consideration). Zyana Developers LLP gets 5 lakh warrants, while three individuals get the remaining 2.5 lakh. This is part of the 19,51,000 warrants approved by the board and shareholders earlier in May-June 2026.

Likely market impact

Second tranche of preferential warrant issue completed. Potential dilution once warrants convert into equity. Rs 6.71 cr raised from non-promoters.