The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Harsh Harlalka
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Harsh Harlalka, a member of the promoter group, received 5,022 equity shares of Gretex Corporate Services Ltd pursuant to a Bonus Issue allotted on 11 April 2025. This allotment raised his holding from 5,580 shares to 10,602 shares, but his percentage stake remained at 0.05% because the bonus issue proportionally expanded the total share capital from about 1.19 crore to about 2.26 crore equity shares. The promoter group's combined holding stands at 64.02% post-allotment, with Bonanza Agency LLP holding the largest chunk at 45.63% and Talent Investment Company at 12.07%. No money changed hands — these shares were allotted free of cost as part of the bonus issue.
This is a routine, neutral disclosure required by law because bonus shares were allotted to a promoter group member. There is no impact on shareholder value or stock price, as the promoter's percentage ownership is unchanged and no buying or selling occurred in the market.