Gretex Corporate Services Limited has informed the Exchange regarding Outcome of Board Meeting held on May 07, 2026 for re-appointment of Internal Auditor.
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Gretex Corporate Services held its Board meeting on May 07, 2026, approving several items including audited financial results for FY26 (standalone profit ₹1,299.59 Lakhs, consolidated profit ₹2,792.84 Lakhs). The company re-appointed M/s Jay Gupta & Associates as Joint Statutory Auditors for 5 years and appointed M/s D.A. Kamat & Co as the new Secretarial Auditor following the resignation of RKN & Co. The Internal Auditor Ajmera & Ajmera was also re-appointed for FY 2026-27. The Board recommended a 7% final dividend (₹0.70 per share), proposed increasing Authorised Share Capital from ₹24.20 Cr to ₹26.50 Cr, and approved issuance of 19.51 lakh fully convertible warrants to non-promoter investors via preferential issue.
The resignation of RKN & Co as Secretarial Auditor represents a mid-term auditor change requiring monitoring. The preferential warrant issuance to non-promoters will dilute equity and should be watched for impact on promoter holding.