Gretex Corporate Services Limited has informed the Exchange that Record date for the purpose of Dividend is 17-Jul-2026.
GCSL · price
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Gretex Corporate Services Limited held its Board meeting on May 7, 2026, approving multiple items. The company reported standalone revenue of ₹3,309.65 lakhs for FY26, up 60% from ₹2,069.80 lakhs in FY25, with standalone profit after tax of ₹1,299.59 lakhs. Consolidated profit after tax jumped significantly to ₹2,792.84 lakhs from ₹181.52 lakhs year-on-year. The Board recommended a final dividend of 7% (₹0.70 per share) on ₹10 face value shares, subject to shareholder approval at the July 31, 2026 AGM. Record date for dividend eligibility is July 17, 2026. Additionally, the company plans to issue 19.51 lakh fully convertible warrants to non-promoter investors at ₹10 each, and increased its authorised share capital from ₹24.20 crore to ₹26.50 crore.
The strong jump in consolidated profitability is positive, and the dividend declaration provides income to shareholders. The warrants issue to non-promoters may lead to share dilution. The stock could see positive reaction given the profit growth, though warrant dilution warrants monitoring.