Announced Sat, 9 May · 13:03 IST

Gretex Corporate Services Limited has informed the Exchange regarding 'General updates'.

Business Updates View source PDF

GCSL · price

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

Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹374.05
prior close
₹377.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-1.3-0.4-0.5+1.1+2.1+6.1+5.3-1.1+4.0+12.0+14.5+36.6
Up moveDown movePending
AI summary

Gretex Corporate Services Limited has signed a mandate with a Ferro Alloys company based in West Bengal. Under this arrangement, Gretex will likely provide advisory or related services to help the Ferro Alloys company list on either the SME Platform of BSE or the Emerge Platform of NSE. No financial terms, fees, or timelines were disclosed in the filing. This appears to be a routine business development announcement under SEBI's disclosure requirements for material events.

Likely market impact

Minimal direct impact on Gretex shareholders as no financial details or revenue potential were disclosed. The announcement indicates the company is actively engaged in advisory mandates, but without quantum of fees or timeline, investors cannot assess material impact.