Announced Thu, 7 May · 22:41 IST

Re-appointment of Internal auditor of the company

Management Changes View source PDF

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+0.7%1-day move
₹381.35
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AI summary

Gretex Corporate Services Ltd held its Board Meeting on May 07, 2026 where multiple decisions were approved. The company re-appointed Ajmera & Ajmera, Chartered Accountant, as Internal Auditor for Financial Year 2026-27. Additionally, the board approved the appointment of D.A. Kamat & Co as the new Secretarial Auditor, replacing RKN & Co who resigned. M/s Jay Gupta & Associates was re-appointed as Joint Statutory Auditor for a second term of 5 years. The meeting also covered audited financial results for Q4 and FY26, recommendation of 7% final dividend (₹0.70 per share), increase in authorized share capital from ₹24.20 crore to ₹26.50 crore, and issuance of nearly 19.51 lakh fully convertible warrants to non-promoter investors.

Likely market impact

The routine re-appointment of internal and statutory auditors indicates continuity in governance practices. Shareholders can note the upcoming 18th AGM on July 31, 2026, and the record date of July 17, 2026 for dividend eligibility.