Intimation of Annual General Meeting date
GCSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gretex Corporate Services Ltd's Board meeting on May 7, 2026 approved multiple items. For FY26, standalone revenue rose to ₹3,309.65 lakhs with PAT of ₹1,299.59 lakhs, while consolidated revenue was ₹17,851.60 lakhs with significantly improved PAT of ₹2,792.84 lakhs (vs ₹181.52 lakhs in FY25), driven partly by subsidiary Gretex Share Broking contributing ₹1,458.34 lakhs in net profit. The company recommended a 7% final dividend (₹0.70 per share) with record date July 17, 2026. The 18th AGM is scheduled for July 31, 2026. Key corporate actions include increase in authorised share capital from ₹24.20 crore to ₹26.50 crore, and approval to issue 19.51 lakh fully convertible warrants to non-promoter investors (convertible within 18 months). Auditor changes were made: Jay Gupta & Associates reappointed as Joint Statutory Auditors for 5 years; RKN & Co resigned as Secretarial Auditor and D.A. Kamat & Co appointed in their place.
The preferential warrant issuance will lead to potential share dilution if converted. The dividend and strong consolidated profit growth are positive signals for shareholders. The increase in authorised capital provides room for future capital raises.