Gretex Corporate Services Limited has informed the Exchange that Board of Directors at its meeting held on May 07, 2026, recommended Final Dividend of Rs. 0.70 per equity share.
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Gretex Corporate Services Limited reported strong FY2026 results with standalone revenue of ₹3,309.65 Lakhs (up 60% YoY) and consolidated profit after tax of ₹2,792.84 Lakhs (vs ₹181.52 Lakhs last year). The board recommended a final dividend of ₹0.70 per equity share (7% on face value ₹10), subject to shareholder approval at the July 31, 2026 AGM. Record date for dividend eligibility is July 17, 2026. The company also approved increasing authorised share capital from ₹24.20 Crores to ₹26.50 Crores and a preferential issue of 19.51 lakh fully convertible warrants to non-promoter investors, convertible within 18 months. Auditor changes were made with re-appointment of Joint Statutory Auditors and new Secretarial Auditor appointment.
The company delivered improved profitability and continues returning value to shareholders via dividends. The preferential warrant issue may lead to dilution for existing shareholders. The authorised capital increase signals potential future expansion or issuances.